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Five Day vs One Day Charts. Do Looking A Five Day Charts Give Traders An Edge On What To Expect On The Following Day?

Here are three examples that might help answer this question. First a five day and one day chart of Home Depot.
So a perky looking chart formation which is going upwards on a Thursday (Dec 5th) keeps on going upwards on a Friday. Look at one series of it's Call option action below. Very light trading and very little interest. Get in on the upside during the morning small dip on Friday morning and get out at a profit anytime later in the day.
Sticking with Home depot did it's one week out Call options share in a similiar Call option experience? Here are next weeks Calls with the same striking price.
Not really as they jumped 26% on the day versus the 68% increase on the "one-day" options. ..................................................................................................................................................2) Caterpillar. First it's five day chart (which includes Fridays trading) and then it's one day chart.
Now the options.
A big upward swing happened after 12:30 p.m. Would you have the nerve to be buying in this late in the trading session? Caterpillar was on a terror all week. 3) Visa. First it's five day and one day chart.
Look at how these Calls jumped.
What's the bottom line in answering this question? In the case of Visa having access to it's five day chart better helped in recognizing an oversold situation. With Caterpillar the trajectory was up everyday. With Home Depot an oversold situation was somewhat apparent. Yes, in some ways five day charts five day charts have some relevancey in helping to make decisions going forward.

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