This is an informative, storytelling method to explain my idea. In this particular pattern, we encounter 'warm-up' bounces to fully power a larger bounce upwards - thus the 'Extra' Bounce Uptrend.

This analysis involves complex technical analysis and chart patterns, which I’ll explain from the perspective of a chinchilla. (And yes, being a chinchilla owner adds a playful twist to my approach to trading.) It's also a method for understanding how a stock works, as almost if has 'breath' allowing some up and down movement, as it moves up.

RYW_Method research and analysis identifies: AngloGold is well-positioned to gain momentum in the metal/mining sector of the stock market.

Target 1: 90.47 Extended Paws
Target 2: 94.47 Extended Nose
Target 3: 109.47 Eyes
Target 4: 117.47 Ears *

* Exercise caution, as a chinchilla bounce can be unpredictable in terms of vertical height, before a drop back down.

Trading will fail if the paws drop below Trend Line: 72.27

I appreciate the opportunity to share this story, my observations on the stock, and my predictions. Please note, this is not financial advice.