$P is for #Pandora. Yes, I've seen the chart and all I can say is OH ME OH MY. The re-test executions are P for perfect and nothing can be said here except that a low probability of retest to 12 on a 2-point scale. The big price gap on 10/22 and 23 of last year 2015 may be a good play, though. Still, in my book, it's 50-50. If you're going to do this, the maximum target is 19 (chuckles) BUT I really suggest you DON'T. It would be a different case if it broke-even on the income statement, but it didn't. Instead, it reminds me of the red ballpens we used in college to depict losses in the accounting journals. Anyway, the semi-good news is... if this goes to 7 in the next few days (maybe even a couple of weeks), I suggest you buy it and target 8 (set linear scale to a buck)... YES, IT'S THAT CRAZY. Ok, fundamentals on financials... aside from losses averaging at 16M per month, the company has a hidden potential in its balance sheet. Look closely and you'll see that its assets are its greatest, well, assets. LOL. If they can manage this properly, maybe even use it as a leveraging tool, they MIGHT be able to pull off a successful u-wee. Best of luck to $P ! SEE CHART HERE.
Friday, February 12, 2016
Monday, February 8, 2016
Hard to believe but that's what the message of the numbers is telling us, as far as possible retracement on its linear levels is concerned - oops, was that more than 140 characters? Anyway, the 4th 2-point scale linear level is at 24 - and as far as history is concerned, 4th scalar levels have a high probability of retest. I really don't feel like buying this company because their income statement say my 5-year old probably made more money last Christmas than them. Instead of "buy and hold", I suggest you "buy and cross your fingers (toes included)." SEE CHART HERE.
Wednesday, January 27, 2016
Monday, January 18, 2016
'Tis true! The possibility of the commodities rout on its last days might ignite Platinum on a retest to its 2nd untested 200-point scalar level of 1400 - a 70% ka-ching long-term outlook. SEE CHART HERE. (Scalar Analysis)
Sunday, January 17, 2016
Best Buy's decade-long range-bound pricing from 20 to 40 looks unbreakable. A recent untested 2nd point (30) has a high probability for retest though - given the fact that it is technically on the lower end of the range. SEE CHART HERE.