I have figured a way to share the SRPT CHART VIEW with you without you having to contact me in any way.
I originally posted an initial SRPT DAILY CHART as of Saturday, August 24th, and have now updated that chart for you as OF 3:30PM TODAY.
Just go to DROPBOX on the internet; which is a free cloud storage and file sharing site.
Use the following to sign in:
ID use my bud_rolfs at gmail address (in the correct e-mail format of course)
That should take you to a dropbox storage location with a pdf file showing the latest SRPT chart view and analysis.
Even if you do not understand TA (or believe it) you WILL UNDERSTAND this and it CANNOT POSSIBLY HARM YOU. (And just might HELP YOU.)
Just open, copy and paste to your desktop.
GOD BLESS YOU ALL....Bud
NARRATIVE FOR THE DAILY SRPT CHART ON DROPBOX SITE...
The BLUE HORIZONTAL LINES are PRIMARY TRADING RANGE LEVELS or "PTRs" for short. PTRs are
HORIZONTAL SUPPORT AND RESISTANCE LEVELS (depending on which way price is trying to move. Once crossed; they ALMOST ALWATS demand a RETEST. PTRs are the STRONGEST LEVELS of SUPPORT AND RESISTANCE and can CONTAIN A SIDEWAYS CONSOLIDATION MOVE.
The THIN RED HORIZONTAL LINES are "MID-PTR ICE". These lines are also SUPPORT AND RESISTANCE levels but are weaker than the PTRs. These lines are often strong enough though to cause at least a temporary REVERSAL IN PRICE MOVEMENT.
The THICK BLACK SOLID DIAGONALS are CHANNEL TREND LINES. As shown, SRPT is currently in a DOWNTREND CHANNEL; but is doing a FULL CHANNEL WIDTH BOUNCE (to test the UPPER TREND LINE AREA).It is bouncing within the DASHED BLACK SUB-CHANNEL TREND LINES (of a SUB-CHANNEL). It is most likely to TEST THAT UPPER SOLID DIAGONAL AT THE $35PTR AREA (where it will also hit OVERHEAD RESISTANCE.
CURRENTLY, ODDS FAVOR IT RESUMING THE DOWNTREND CHANNEL ONCE IT HITS THAT UPPER SOLID CHANNEL LINE. (Because trends tend to stay intact, and volume is very weak as SRPT is heading up there toward such strong resistance. The MARKETS themselves are ALSO IN DOWNTREND CHANNELS CURRENTLY and are also only doing short term bounces! For SRPT to BREAK OUT: it must CLOSE OUT AND OVER THE SOLID UPPER TREND LINE AND STAY OUT UPON ANY SUBSEQUENT RETEST OF THAT UPPER CHANNEL LINE.
If SRPT fails to BREAK OUT on the upcoming test of that UPPER CHANNEL LINE (and remains in it's DOWNTREND CHANNEL) ODDS ARE IT WILL RUN DOWN ALL THE WAY TO RETEST THE LOWER SOLID TREND LINE AGAIN (likely at the $25PTR AREA!).
GOD BLESS AND GOOD LUCK....Bud