Argument for Shorting TECK.

27 Mar 2021

It took me 2 hours to review 5 charts with this method of analysis. That is obviously not efficient enough, but I was really pleased with the way my ideas continually flowed into one another until I came up with a "solution". Have I created order out of this chaos? Probably not, but this is what I came up with and I'm really excited to see if it plays out. Normally, I am trying to do all of this in my head, so it felt really good to write it down on the chart for once.

Definitely need to refine this approach. From my perspective it is like if you were training to run a marathon by running for 30 miles. The marathon will never be easy, but compared to 30 miles maybe it will be achievable with regularity.

Realistically, I'm the 400/800 guy, but I prefer my suffering long and drawn out L.O.L.

13 Nis 2021

Not

Massive bear pressure, not hard to think a short order is a good bet here. Chart definitely looking a little crazy, but I have simplified my process since making this.

Still a good opportunity to get long as it hasn't broken the upper trendline yet. If it weren't for the gaps I would be putting this on a watchlist. There are more fish in the sea.