How is this arbitrary line so consistent?
Here it is zoomed out
We were above the 50 day sma for the first time since last September, but lost it again... and found support at the line again
>>61685379Algorithms do most of the trading and they rely on math that is based on the same technical indicators that everyone else uses.You're all looking at the same chart.
>>61685379>>61685386>>61685396uh oh, someone is posting about shitlink quiet, stinkieyou deserve nothing but contempt and poverty.
>>61685448They don't have my line though, I just made it up
>>61685379You discovered the secret saturnian line (SSL). Don't mention it to anyone else or Ari Juels might show up in your dreams tonight, okay?
>>61685379classic tnn pattern
>>61685448This. If you've ever watched time & sales information on stocks before all those little 1 share, 6 share, and other odd lot trades are algos probing for liquidity. Specifically they're looking for weakness in either direction that if they apply pressure they can get the price to run. The technicals people watch are the footprints they leave behind.
>anon discovers trend lines>adds sma>holy shit guys ta is real
>>61685379>consistent so farFtfy.This piece of shit is going sub $8.
>>61685797it will NEVER GO BELOW 12 dollars again
>>61685830It'll hit $10.76 on 2/2/26 and on up to $10k from there.
>>61685830retarded /biz/let niggys said the same back at $17 and $14
>>61685379The bulgarian suppression algorithms