RE:RE:RE:Three weeks of Consolidation and then what?I was saying that it is not predictive. It does no one any service to say that when it hits the mid bollinger point its good to go. Unless someone can provide examples of when that has happened in the past. People are prediciting everything under the sun here. Its going way lower. Its going to be good to go when the mean is hit etc. People are skeptical of TA. Many disputes over the decades about it. Its a probability game. The highest probabilities are what work the best. Trend up. Consolidation. Pattern development and breakout of that pattern. Those are simply proven to be the best set ups on a probability basis.
Or buy dips but the breakout to the upside from a Flag, Pennant, Cup and Handle etc are the highest probability plays.
The waiting is the hardest part.
I was in on the previous breakout 1.50 area. Will add on further confirmation.