/biz/ - Business & Finance

>>8530612
log if you are using alonger time scale, because you don't have to redraw trendlines as often.

"In the case of Amazon.com (AMZN), there were two false breaks above the downtrend line as the stock declined during 2000 and 2001. These false breakouts could have led to premature buying as the stock continued to decline after each one. The stock lost 60% of its value three times over a two-year period. The semi-log scale reflects the percentage loss evenly, and the downtrend line was never broken. "
Pic related
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:trend_lines

>>8368686
Still you are reading into the charts what you want to see.

Example:
In the case of Amazon.com (AMZN), there were two false breaks above the downtrend line as the stock declined during 2000 and 2001. These false breakouts could have led to premature buying as the stock continued to decline after each one. The stock lost 60% of its value three times over a two-year period. The semi-log scale reflects the percentage loss evenly, and the downtrend line was never broken.