Uber Inc Fractal Map

Uber Technologies, Inc.NYSE

설명

⋅ 2022년 4월 8일 오전 12시 39분

This is why I use log. The percentage change will be always the same for the same length of trend. Easier to hunt down the real turning points.

코멘트

gb50k

⋅ 2022년 4월 17일 오전 2시 57분

thats true for the change in percentage, but not for the change in slope (of a trend).
Is that correct?

fract

⋅ 2022년 4월 17일 오전 3시 5분

@gb50k, I was just pointing out the fact that mass emotions are driven by percentages rather than change price points. Log scale enables to grasp and work with percentages way easier than with linear.
In linear scale same distance of price change will differ. Which was actually the point of the screenshot in description.
Ever since then I’d always use log scale.
I have many examples of covering trends using logarithmic scale.

gb50k

⋅ 2022년 4월 17일 오전 10시 31분

@fract, Useful. Ty !!