sean7905 once 34c breaks convincingly you will see traders from all over the place come and buy in a frenzy. The sellers at the moment will be gone in seconds. Thats why capping exists, so the sp doesnt go out of control before buyers can accumulate, once they are done the breaks will be lifted and the sp will go up strongly. Kagara did this around 65c before moving to 1.50.
chart alert 34 cent level for breakout, page-39
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)