History repeating itself with HTL International?



I was looking through some of the old counters which I tracked a few years ago.

 

I came across this HTL counter and it actually look interesting, but not really because it is going up.

Fig 1 HTL International Weekly Chart

I first looked at this counter some time in early 2000s. It basically did a saucer nd poised to go up at that time. Unfortunately I did not pursue this counter other wise I would have been much richer.

The reason I am writing about this counter is because it seems to be repeating itself. The pattern from 2010 till now is very similar to the period of 1993 to 1998.

Can I safely assume that it is going to be bottom soon? The only problem for this counter is that it would be a long wait. Assuming that it is at its bottom, there is another 4 years to wait before the pattern complete and it starts trending up.

So I would consider this to be more of a long term investment counter.