Hi steemit heres a chart I produced back on MAY 4th of #PIM Plant Impact ...
I used my MULTIDIAGONALS to Locate the Upcoming CONFLUENCE (Meeting Point Where we Expect a BIG Move to Occur)..Fully Expecting DOWN I warned to ''Set a STOP'' ..Even BETTER we look to SHORT on the BOLD Line which in itself is a UNIQUE Approach as Most Old Skool Traders/Text Books Tell U to Wait for the 'Break' much LOWER Down..Using the MULTIDIAGONAL Method of Shorting gives U MUCH MORE of a COMFORT ZONE & certainly MUCH BIGGER PROFITs.
Lets look at an UPDATED View of the Chart..
U Notice not Only the MAGNITUDE of the MOVE ..Some 35% in a FEW TRADING DAYS but ALSO the PRECISE TIMING of the CRASH..I Know U will NOT have Seen ANYTHING Like this Trading Technique ANYWHERE Else on Social Media..Actually Ive been AMAZED by How Many 'Mentors' Continually Harp on about it being Impossible to Predict the Future!!. so feel free to checkout my other Charts on twitter #MULTIDIAGONALS
Bang on!
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Superb analysis. Thanks, as always. Bill
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