what a mess!, page-63

yep well done barnsty

I realise we swim different paths, but at times they do connect, over the last few months all those HV upbars closing off their highs was a sign of a bleak morning approaching, remembering these guys only sell at the highs and those were the signs in big fat letters..

..

sorry orion & sam, but I'm out atm, too much selling intraday, it, PRR had a chance to finish near its high but has closed lowish, turning it from a potential shakeout (PBMD) to a simple 'potential stopping volume' day, which in this instance is similar cause they both really require for these humongous volumes to be successfully tested, if so then all aboard. Will now wait and go thru the same old routine which is to wait for our low risk entry and that can only ever be seen on the chart, as was all the low risk short entries that have populated the chart of late, there's no need to fight it simply follow along and read and observe.

Comparison day charts of PMMD and PRR, with another chart showing the intraday action and the time they decided enough north bound movement was enough. As mentioned earlier, with both stocks, all that overhead HV was a major concern, pity it had to be such a huge break today.