Is it just me or does anyone else think its a bit overdone & we are due for a pull back.
The stoch is well into overbought territory & the MACD has gone parabolic.
The one good thing about todays high is that it has also raised the 61% fib line up to $0.31.
So unless we get some justification as to this spike one should be expecting the sp to do what it usually does.
Time will tell but I would not be a short term trader buying just now.
2018 Charting, page-41
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