pullback today means S.T. rise predicted, from 5 -ish, may be over near resistance around 9., as hinted....also at it's 200 DMA, which also often stops initial rises from such "PSYCLE sm" formations ....hey, rise from 5.00, to 8.50+, on margin, in only a few months....not bad....perhaps one should "take" it, or at least lighten up somewhat on this one up here....congrats to all...probably needs a decent pullback if it is to surmount resistance longer-term, which could still occur months from now....next...
the bigger benefit, is to learn how to recognize, and take advantage of, similarly patterned issues, in the future, right ? as always, I am happy to help any interested, take care, |