Not exact matches
Using long -
term trend line will act as a resistance
level, the current breakout has an upside target near 19,350, which is near the current value of the
trend line.
What we see is that a long -
term down
trending trend line, as well as a key «once support / then resistance»
level ($ 5.27 a share) have both been pierced to the upside.
And if we look back all the way to 1992, today's index
level suggests an obvious long
term performance
trend -
line... unfortunately, a
trend that's actually compounded a mere 6.8 % pa.
We interpret the split of 2013 Outlooks above and below the 4.1
level to different interpretations of the guiding physics: those who considered that observed sea ice extent in 2012 being well below the 4.1
level indicates a shift in arctic conditions, especially with regard to reduced sea ice thickness and increased sea ice mobility; and those who have estimates above 4.1 who support a return to the longer -
term downward
trend line (1979 - 2007).
We interpret the split of 2013 Outlooks above and below the 4.1 median to different interpretations of the guiding physics: those who considered that observed sea ice extent in 2012 being well below the 4.1
level indicates a shift in arctic conditions, especially with regard to reduced sea ice thickness and increased sea ice mobility; and those with estimates above 4.1 who support a return to the longer -
term downward
trend line (1979 - 2007).