why why why, page-9

blackice
The trend is your friend......ORD is moving upwards from 4.5c and it is experiencing higher highs and with these come retraces....once we see successive (over time) highs being higher than the previous.....and the retrace lows being higher than the previous lows we can all say that the trend is our friend.

Our next high will take us through resistance at about 7.2c ish....what we seen just late yesterday was Patersons and DT's selling at the resistance to take profit......the reason why it retraced is because some holders got spooked into thinking there is something wrong and as the herd mentality often happens there is a little bit of panick selling....

Good news will have us push through 7.2c soon enough....no problems.