Since I deal in Technical Analysis, trying to divine things about stock, the subject of where a stock is going is often raised. It is a question to which I always answer: “I don’t know.”, and which I follow on with: “There are a number of ways that you can form a Scientific Wild Guestimate, which often works out, and is accepted among most stock market technicians.” Let me illustrate one here:
This BALANCE scheme is based on the equality of a SINE wave above and below Zero, at times called ZERO BALANCE.
Does it work? Yes, and No, so its a good method for trying to approximate how far some stock might run. A weak stock will punk out and a strong stock will overrun it, which is why I use B.U.T. And A.C.M.E., to try and gauge when to get out. Want to apply it to a stock or do more? Drop me a note, make it happen!
Information contained herein is for educational and informational purposes only. Investors are responsible to execute their own due diligence investigations to protect their capital. Publisher or associates may have positions in these stocks as well. Copyright Denaliguide, DGS Publications, 2018-2019
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