supersonic001
Regular
Exactly and / or unnamed due to NDA ? Gagging the obvious link ? !!
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Exactly and / or unnamed due to NDA ? Gagging the obvious link ? !!
Yes it went though.
Sirod69
bavarian girl ;-)
I thought about the horoscope, when the moon is in the sun, but this is in Mars below Venus, with respect to Saturn collides with Pluto..... yes then, yes then... maybe, something like that
??????
I think then I could, yes but just maybe, have a tendency to be, um, something like... an Aries?
i just asked if someone here see the same in his chart and if a Pennystock can be analysed like this… in my opinion it can’t.. but I just wondering… that’s all… if no one can answer me it’s also ok… don’t be afraid, It was not my intention to bash
sometimes people overreact.
DingoBorat
Slim
Fullmoonfever
Top 20
I get your point FF but with all due respect technical charting can be seen to have science within it.
There is the mathematics, patterns, probability and the psychology of the market which is made up of traders / humans.
It does get harder and more blurred these days with the ever increasing use of algo / bot / quant trading.... mathematics again though.
No doubt there is an art and interpretation by a Chartist and nothing in life is certain other than death and taxes (maybe not taxes if you live in a tax haven though haha) that was mentioned earlier today.
Charts are essentially a visual representation of historical trading activities which can be aligned to events or other influencing factors like Ann's, rumours, shorts, tweets etc.
It can provide a snapshot of how the market (humans mostly) reacted on those given events and being creatures of habit there is a probability, not guarantee, of how they could react to similar future events or even price points like going from pips to 5c increments once a stock breaks 10c.
You can visualise certain volume areas where resistance and support zones may be seen potentially in the future.
There are various methods or styles and indicators, oscillators etc all based primarily around outcomes from math calculations, OHLC on a bar, volume Inc / Dec, averages etc.
There is actually a lot of work trying to learn and understand a chart.
Bulkowski site is great for real world statistics of how certain patterns / candles play in a % sense gathered over years of data.
ThePatternSite.com
ThePatternSite.com is internationally known author and trader Thomas Bulkowski's FREE website for research on chart patterns, candlesticks, and much more!
thepatternsite.com
Richard Wyckoff, one the earliest technical analysts if you like observed many things and off ticker tapes back then.
ChartSchool | ChartSchool | StockCharts.com
StockCharts.com's comprehensive collection of Financial Analysis articles and explanations
school.stockcharts.com
Last edited:
wilzy123
Founding Member
thank you 
. It is for a good cause! Thestockexchange-world is going to thank you! 
rgupta
Regular
So you want to say another seller was there on 35 and 35.5 cents as well while there was a buyer for 41.5 cents and actual price was 37.5
So why someone will pay 41.5 cents when other is selling at 35 cents. And why the last person bought at 37.5 cents when stock was available at 35 cents.
Now think the other way around buyer wants seller at 35 cents and seller wants buyer at 41.5 cents and actual price is 37.5 cents. Does that make sense??
Fact Finder
Top 20
Therein lies the entire problem dozens and dozens in fact an unlimited supply of chartists come into share threads and profess mastery of all of these sciences and put up charts and make pronouncements about what they prove and claim unbelievable trading success.I get your point FF but with all due respect technical charting can be seen to have science within it.
There is the mathematics, patterns, probability and the psychology of the market which is made up of traders / humans.
It does get harder and more blurred these days with the ever increasing use of algo / bot / quant trading.... mathematics again though.
No doubt there is an art and interpretation by a Chartist and nothing in life is certain other than death and taxes (maybe not taxes if you live in a tax haven though haha) that was mentioned earlier today.
Charts are essentially a visual representation of historical trading activities which can be aligned to events or other influencing factors like Ann's, rumours, shorts, tweets etc.
It can provide a snapshot of how the market (humans mostly) reacted on those given events and being creatures of habit there is a probability, not guarantee, of how they could react to similar future events or even price points like going from pips to 5c increments once a stock breaks 10c.
You can visualise certain volume areas where resistance and support zones may be seen potentially in the future.
There are various methods or styles and indicators, oscillators etc all based primarily around outcomes from math calculations, OHLC on a bar, volume Inc / Dec, averages etc.
There is actually a lot of work trying to learn and understand a chart.
Bulkowski site is great for real world statistics of how certain patterns / candles play in a % sense gathered over years of data.
ThePatternSite.com
ThePatternSite.com is internationally known author and trader Thomas Bulkowski's FREE website for research on chart patterns, candlesticks, and much more!thepatternsite.com
Richard Wyckoff, one the earliest technical analysts if you like observed many things and off ticker tapes back then.
ChartSchool | ChartSchool | StockCharts.com
StockCharts.com's comprehensive collection of Financial Analysis articles and explanations
Every single one of these individuals is anonymous and everything they say is unsupported by any proof of their ability and intellect, their actual studies, their actual audited success applying charts and finally there is nothing known about their actual character and whether they have multiple convictions for fraud.
It is obvious when some chartists attempt to put together sentences beyond chart commentaries that they have a challenging educational profile.
If they cannot write or spell how have they read and understood the books and videos containing the theories upon which charting is claimed to be based to a sufficient depth to claim expertise sufficient to advise others?
This is before you take into account that it is extremely rare to find two chartists who are not long term acquaintances, who come to the same conclusions about what the same data actually means and how charts should be read.
I have said it before I believe everyone needs a plan and to carry out a plan everyone needs discipline.
Charting can allow the individual chartist to apply discipline to their own trades.
I say good luck to that type of chartist.
However the trader chartist who makes their charts public either deliberately or accidentally can influence the market by encouraging others after they have bought because they identify an up trend or sell if they have identified a down trend and in so doing enhance their trading outcomes by having those they influence pile on.
Brainchip has an infamous example of someone who does exactly that to this very day.
All this before the game was changed as you point out by robotic algorithmic trading being introduced that controls the market and short trading was legalised.
Where is the peer reviewed study that confirms the unproven science is still able to yield scientifically valid results under these new market conditions?
Where is the disclaimer by any chartist that frequents HC and so forth that the new market paradigms may affect the accuracy of their predictions?
My opinion only DYOR
Fact Finder
Tothemoon24
Top 20
Click on link for example
www.linkedin.com
This is Generative AI on Mobile with on-device LLMs at #MWC24.
Running on the CPU without an accelerator enables a great user experience, opening the door to unprecedented opportunities for AI innovation in smartphones.
It's our CPU technology that sits at the heart of AI, with 70% of 3rd party smartphone apps running their AI on Arm CPUs.
By running AI at the edge, you can benefit from quicker, more responsive, and more secure AI experiences.
👇🔎 This is Generative AI on Mobile with on-device LLMs at #MWC24. | Arm
👇🔎 This is Generative AI on Mobile with on-device LLMs at #MWC24. Running on the CPU without an accelerator enables a great user experience, opening the door to unprecedented opportunities for AI innovation in smartphones. It's our CPU technology that sits at the heart of AI, with 70% of 3rd...
This is Generative AI on Mobile with on-device LLMs at #MWC24.Running on the CPU without an accelerator enables a great user experience, opening the door to unprecedented opportunities for AI innovation in smartphones.
It's our CPU technology that sits at the heart of AI, with 70% of 3rd party smartphone apps running their AI on Arm CPUs.
By running AI at the edge, you can benefit from quicker, more responsive, and more secure AI experiences.
McHale
Regular
Hi 7fur7, I addressed this in a recent post, applying Elliott Wave to pre revenue stocks is not generally suitable according to Bob Prechter, and I believe R.N. Elliott said the same thing, my thinking is that pre revenue stocks are too volatile and EW analysis is about probabilistic outcomes. So normal EW probabilities are diminished.i just asked if someone here see the same in his chart and if a Pennystock can be analysed like this… in my opinion it can’t.. but I just wondering… that’s all… if no one can answer me it’s also ok… don’t be afraid, It was not my intention to bash
As such it is always a good idea to have alternative EW counts, I read your post and I understand what your friend was laying out in their analysis, and it does fit certain EW criteria, but I probably have an alternative view that I prefer; having said that I have a trader friend who uses basic EW counts on small caps and has followed that approach for decades.
JoMo68
Regular
Now where have we seen specificity and sensitivity figures like these
It's hard to understand why he has taken such a set against BRN. Perhaps he was bitten by an Akita as a child?
10 months ago, he penned the classic "Could Nvidia destroy Brainchip?" in which, clearly having no understanding of what he was copying, he cited Jetson's specs to support his diatribe without bothering to quote the corresponding figures for Akida, preferring to speak slightingly of BRNs claims to have better performance.
He also dubbed Akida 1000 a commercial flop.
No mention of Valeo, Prophesee, Mercedes, Nviso, NASA/Vorago, SiFive, Socionext, Edge Impulse, Renesas, Megachips, ...
cosors
👀
Maybe he can shed some light on the matter in a practical way.
www.icnce-2024.de
- Jochen Hanebeck, CEO Infineon, Munich
Semiconductor trends and in particular the significance of artificial intelligence
ICNCE-2024
Last edited:
Fullmoonfever
Top 20
Well, I sense an understandable degree of cynicism and scepticism from I suspect, rightly or wrongly, someone who hasn't really delved into the intricacies of TA themselves?
It can be easy to dismiss that which we do not really understand wouldn't you agree.
Though, you describe yourself as a technophobe yet, are on face value, heavily invested in a highly technologically driven and complex product.
Like a lot of us, you may not fully understand the product intricacies yet made a wise decision based on your own assessment within your own research and understanding.
Your point re public share forum chartists has an element of validity in so much as they influence a certain number of so called followers or even those uninitiated who don't do their own research to cross check the pronouncements.
Though, I temper that with the fact that these public chartists are actually putting their calls out there for public scrutiny and anyone can go back through their historical posts to see how successful their calls were or were BS.
That way the reader can judge accordingly. If they choose to jump on blind faith, so be it and own it as an individual.
I agree though that there are those that no doubt deliberately attempt to influence others for their own gain or reasons, no less than the fundamental posters of the same ilk do too.
Whilst there are a number of TSE members who know or communicate personally with you, you are an anonymous poster to me as we have not met or communicated privately.
Does that mean that I don't respect and value your thoughts, analysis, opinions?
Not at all.
I take those as they should be, with a grain of salt to be be read, digested and then conclude in my own opinion the merit of them.
However, one could argue that with your following here and previously elsewhere that you too may have had certain influences, indirectly and not intentionally, but influences none the less.
A public Chartist is highly unlikely to move a stock the way you appear to be describing.
I would contend that a simple uttering by a certain car manufacturer had far more ramification to the SP than a public Chartist, wouldn't you agree?
As far chartists knowing each other, I must be one of the rare ones then.
Generally I don't engage much with others outside of the forum threads...the occasional DM but that has literally been 2 or 3 here on TSE.
As such, I find your statement that it's rare regarding 2 chartists coming to similar conclusions that don't know each other to be a bit generalist and not really based on fact imo.
Chartists can interpret differently depending on skill, study, type of style they follow etc and can only present their conclusions based on that, no different than someone giving a SP prediction in 3, 6 or 12 months yet, we've all seen and often participated in those threads.
Fun, wishful thinking, based on facts or just an interpretation of the known and unknown fundamentals, market, industry and probability of that SP outcome?
Sounds a bit like charting in some ways.
Simple first rule of charting imo is look left then look right.
That will help identify the basics of potential future support and resistance areas, trend lines and reactions by the mkt to certain events or expectations on the upcoming of those events.
That and an understanding that charts need to be looked at in different timeframes depending on what the person is trying to uncover or decipher is just as important, as patterns or behaviours can validate or fail within days or sometimes months.
Good chat thanks and will leave it there for readers to take what they will out of it re charts, fundamentals or a combination of both tools when investing.
Edit. I forgot to add there was a Short Term Trading forum on the other place I used to frequent for a few years and there was a competition where your success was absolutely measured.
It was run by the posters and a great place to learn from others as the respect and discussions were not dissimilar to here.
There were specific rules and a running leaderboard updated every Sunday evening before the new trading week.
You could tip a stock TA or FA or both and either long or short or both and you were only successful if your tip gained 25% within 4 weeks from memory so looking for breakout patterns or upcoming FA catalysts was paramount.
The table collated everyone on an ongoing basis with quite a bit of info / stats and your tip had to meet certain criteria as to why. There had to be some substance for all to read and judge the merit of your call.
Last edited:
I call them astronomers because their predictions are like Horoskope. Tomorrow the share price will climb… but there is a possibility it could fall…
“take care when you cross the road… maybe you will meet your dream girl.. but if not, don’t be sad, In your job works everything fine… if you have no job, you will get one if you give your best. If you feel not well, don’t worry soon you will be better!”Similar threads
