Borschomatic

Borschomatic Updated 

Still learning the ropes of laying things out on charts, learning what all the functions are, etc. Sure are some great idea authors out there! Anyways. Step back to the 4 hour, and a pattern literally popped out at me. Started drawing some lines, and came up with this; Took a week and change for the first accumulation phase, will the 2nd take a week as well?. If...

Borschomatic

Kind of a follow up on my first ever idea, GRT confirmed some bearish momentum leading up to a breakout on a wedge formation. However, we've just seen a massive sell off and a decent rebound on pretty much everything. I wouldn't call this a crash by any sense of the word. If we look back to previous years "flash crash" we can root out a cause. A quick google...

Borschomatic Updated 

First time throwing some ideas out there, definately looking for some constructive criticism! It would appear GRT is stuck in a very slow moving wedge; 15m and 60m time frames. 4hr is almost deceptively looking like a Bullish Pennant. Volume appears to have really tapered off for the time being, as well as the RSI. However; given the large pump prior to that,...