How to Trade or Invest Profitably - "Without The Bullsh*t" - Technical Analysis Step by Step Tutorial Plus Q&A Thread

[Bob111]

Hey @tech/a ,

If you get a chance I was wondering if you can give a bit of a run down on the chart below? I see this happen quite a bit where there is nice range and then a volume spike with corresponding price jump occurs but the the range shrinks dramatically and goes sideways. I've seen this go on for a couple of months on some charts. Do you just give up watching it after a certain amount of time or is this to keep watching?

 

[tech/a]

Bob what's the chart?---Code--Dates

Often a take over.

 

[Bob111]

Bob what's the chart?---Code--Dates

Often a take over.

Sorry not Aus stock. This one is PFPT on Nasdaq. Current date.

 

[Bob111]

Sorry not Aus stock. This one is PFPT on Nasdaq. Current date.

Posted this and then went and looked for takeover news and sure enough Tech is on the money. Same with every other one I have seen trade like this.