Post
Topic
Board Speculation
Re: The Price Is Still on Track
by
Peter Lambert
on 30/04/2013, 17:01:17 UTC


The price has been sticking to the trend we started in January pretty well. If it continues, we should see $200 in May.

Your line is meaningless. That is the trend which was followed in the past, there is no reason for that trend to continue. That trend ended about March 20th, when the price transitioned to a trend which follows a horizontal line at about 140. As with previous price moves, the price oscilates back and forth above and below the new price point, getting tighter and tighter as time goes on.