I have studied 15 recent buy signals for Spire and bumped the data against historical movements when similar buy signals occur. This is the cluster of all boxes. I will clean up in the next post for my final call on target bottoms and target tops. Regardless. The BUY signals stretch from August 19 through August 27. The larger PURPLE boxes are projected bottoms based on all historical data. The smaller PINK boxes are more specific bottoms based on the median data historical bottoms. While the bottom should occur in a purple box, my specific goals are in the pink boxes.
The larger BLUE boxes are target tops (likely after the move downward to PURPLE box areas) based on all historical movement. The smaller YELLOW boxes are the more specific target tops.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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