RE: RE: RE: RE: Some technicals on this chart?The purpose of the 4 yr was to show BB are a low volatility measure and not and indication of a breakout(as mentioned by you).In rough numbers S and R are at 25¢ intervals(from the 4 yr chart).It is relevant,duh.First average high in March-75¢,average high-1.25,currently at a buck,duh.Compare that to the S and R levels from the 4 yr,it matters.As the S/P rises it will hesitate at(in rough numbers) 1.25,1.50,1.75,2 bucks.Just like it did before.If you don't really know what you are talking about,at least say so instead of misleading people.And like you,my T/A comments are IMHO.Good targets for sure.
JL