Richard,
you know I don't know anything about B bands!<g> But yes, it should retrace some, then continue upward, IF it's going upward. However, it's got some legs, or at least did. It went from .06 to .10 very fast, as I remember, looked like a hype move, but just paused briefly and kept going. Is TA effective with pennies? I've still not mastered all those charts and graphs. Now what about gold? Where do you see it heading? I've been trading the majors during the swings... successful so far, but this (imo) is a turning point, one way or the other. I've been waiting for the big dip to evaluate when to take on more juniors, so I'm watching this move closely. |