Logarithmic regression is used to model data where growth or decay accelerates rapidly at first and then slows over time. This model is for the long term series data (such as 10 years time span). The user can consider entering the market when the price below 25% or 5% confidence and consider take profit when the price goes above 75% or 95% confidence line.
currently China stocks swing around the base level in 10 years. meanwhile the US stock is still bullsih, reflecting there might be a fund rotation to those weaker countries Fib levles already reach zero, so it might be attractive to bet on some rebounce. Target level could be Fib level: 0.382 = $17, which is a >100% return bet, meanwhile the stoploss is set on around $7.5.
Indicator (setting: stdev: 2.7,-2.7):
Not
Support and resistance levels are indicated by red and green lines. Resistance level don't indicate a short / sell, you might want to hold it longer if you see potential in that asset.
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