Interesting to note:
The "internal trendline" for TSLA held perfectly on this pullback.
I keep publishing charts to show how "internal" trendlines and using "highest lows" and "lowest highs" for trendlines are more informative than using the "extremes" to figure out what is going on. Just as in life, it really isn't about the "extremes" but the "averages" that matter.
If you look at all the other graphs on TSLA that show that it didn't hold support on this pullback and THEN you look at this one... You'll see how valuable understanding this concept is.
Tim 9:21AM EST, Friday, May 23, 2014
The "internal trendline" for TSLA held perfectly on this pullback.
I keep publishing charts to show how "internal" trendlines and using "highest lows" and "lowest highs" for trendlines are more informative than using the "extremes" to figure out what is going on. Just as in life, it really isn't about the "extremes" but the "averages" that matter.
If you look at all the other graphs on TSLA that show that it didn't hold support on this pullback and THEN you look at this one... You'll see how valuable understanding this concept is.
Tim 9:21AM EST, Friday, May 23, 2014
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.