No ..believe it or not.. day traders still kept shorting it at 1/2 to 1/4 ,, for a scalp .. and they covered it at 1/8th ,,, as I am sure many of the so called longs scalped it as well.. people are very nervous holding ,,, I , on other hand feel ,, that this is where one buys,, I would say ,,in about a week ,, segmented volume and price will cross over the moving average ,, I am talking a slow reversal ,, to 6 - 6 1/2 ,, and with a news back to 7 ,, all in say 2 weeks time ,,
This is what I see,,, but then what do I know ... right ?
I will take the credit for the spike and the reversal of the trend.. |
