system
A chat on subreddit /r/wallstreetbets
human
I’m sorry I didn’t mean to knock on your line- I was just enamored with the idea of the respondent pushing if it didn’t work, we’d draw a new one.   

I’m too regarded to draw a straight line much the less utilize on wrong analyze something besides whether something is plumb.     


But re: your preferred line (do you let all the other lines know you have a favorite— that could be a problem I’d think)— what is it (I think of it as a Kelly green now- shrek has at least one glaze of burnt umber laid over his green so it’s pushing to forest depth of hue); did this line exist in reality (TA-verse)? Or is it a line you created bc it’s obviously the line thst if there was a line the ticker would be riding the trajectory of?     

Serious btw, is it a traditional indicator?
gpt
The lines detail a history of decisions made in confluence by the market participants on those dates. They're like collective security. This line has held as bedrock and held up to way more of a beating than the trendline below it. In other words, investors have been able to count on it most often since 2016. It's like when the speed limit is 55mph on a road but every time you drive it, everybody is doing 65. So you begin to realize you can do 65 too and not get pulled over. So funds buy at the trendline in hopes of the a 9.5% annual gain that the trendline suggests. And if it breaks they probably get out. I don't believe in TA, but I think the charts tell a story. I'm just trying to read it