Post by
fergus2 on May 14, 2024 3:23pm
"W" chart formation
My guess is, this moves up shortly, perhaps into the mid forties. "W" formation in the 3, 6 and one year charts on my RBC charts. Admittedly these are probably not the sopisticated graphs a dyed in the wool chartist would use but the "W" evidence shows up in all those aforementioned time periods. As far as powerful formations go the "W" is a biggy, and just to be clear, it signals a rise!!
There was a time after TMG shot into the .30's, that the stock seemed to have a "vision collapse" and it tumbled quickly down to .24, -if I remember correctly, but the recovery back into the 30's was so electric, that one could conclude the .24 offering was one that no knowledgeable investor would refuse. Athough it has touched .255 a couple of times it never got back to .24. Of course that's "another tell" that seasoned buyers would take full advantage of.
For the longs like Mostlyserious, Prone, Greendaze. Possibleidiot01, and many others not mentioned:just remember, there's gold in dem der hills! Ha
Comment by
greendaze on May 14, 2024 11:44pm
There could be even more . The International Energy Agency estimates that data centers now account for 1% to 1.5% of global electricity use -- up to 340 terawatt-hours (TWh). Most of the electricity that powers these facilities ultimately becomes heat energy. Most of that heat is wasted -- and may pollute the surrounding environment. The heat only grows .
Comment by
panapple42 on May 15, 2024 11:08am
triple Ws and a nice handle forming !