2013-11-16 [PLEX] PLEX market analysis

PLEX market analysis

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PLEXes are often a major topic on Market Discussions. Their seemingly endless rise attracts all sorts of opinions and speculation.

Monthly chart

What Price is Doing (WPD)

Price is still running above a massively strong trend line started back in 2011.
The day it’ll get broken downwards, we’ll see fireworks. And tears, many, many tears.

But as of now price is rising and heading towards the all time high of October / November 2012. If / when it’ll get to the high of that bar, that is up to 663M, then we’ll see fireworks as well. Price tends to strongly react at those critical places. I am not saying it’ll go up or down but that it’ll do it with great momentum, so keep on your toes!

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Definitioner

1 (OHLC)

Open, High, Low, Close (and sometimes Volume) data, is a finance industry standards format used to represent price evolution during a certain period of time (daily, weekly, hourly...). OHLC data are consumed by financial analysis applications and by charting software to represent price action.

1 (audit)

The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product.

1 (Meta game)

Meta gaming is a broad term usually used to define any strategy, action or method used in a game which transcends a prescribed ruleset, uses external factors to affect the game, or goes beyond the supposed limits or environment set by the game. Another definition refers to the game universe outside of the game itself.

1 (emergent)

Emergent gameplay refers to complex situations in video games, board games, or table top role-playing games that emerge from the interaction of relatively simple game mechanics.

1 (sandbox)

A sandbox game is a type of video game design where a player can roam freely through a virtual world and is given considerable freedom in choosing how or when to approach objectives. Sandbox emphasises a paradigm where, as in a physical sandbox, the user is entertained by his ability to do as they wish creatively and with there being "no right way" of playing the game

1 (discretionary)

A discretionary method is a trading method where little or no mechanical tools and procedures are used to decide the trades. A discretionary trader applies a solid ruleset basing on a flexible interpretation of the market

1 (PLEX)

A Pilot License Extension (PLEX) is an item that adds 30 days of game time to an EvE Online account. It is freely traded like any other in game item. CCP accepts to convert in game PLEXES to real money in case disasters and emergencies happen.

1 (NEISIN)

A New Eden Interstellar Securities Identification Number (NEISIN) uniquely identifies a security. While its structure is identical and strictly compliant with "real life" ISINs, NEISINs are tailored to New Eden investments and contracts.

Comments

vahrokh says
25 November 2013 at 03:43
You have experienced the power of trend lines. It’s funny because it’s lasting since years, every time price gets down to the trend line something happens so that price does not break through but is bounched back up.
Moxnix says
17 November 2013 at 06:57
I expected PLEX prices to go down around the end of Oct and they did. What surprised me is how quickly they rebounded again, especially with the Amazon pricing gaffe, the Somerblink cashout and a CCP PLEX sale all happening around the same time.

2013-11-16 [PLEX] PLEX market analysis

PLEX market analysis

Monthly chart

What Price is Doing (WPD)

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