Quote:
Originally Posted by petegz28
Here is a chart I put together of our net wins. You can see why I said this was a breakout game. We broke through the +9 level which had been acting as resistance. Additionally our support level moved up to +8 games over .500. Meaning in the near future we shouldn't break down below +8 and if we do then we are most likely heading for a losing streak.
But the momentum is obviously to the up side. Since +9 had been tested 3 times and now we finally broke through it, it should signal a stronger winning streak. At least that is the stock market\technical analysis take on the matter.
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I can't be the only who feels like this is pure bullshit.