Just from a charting perspective. When a stock is up 4x in month or thereabouts it’s not unwise to expect a retrace.
Doesn’t mean it must and if it doesn’t that shows real out performance. A great signal it could really rip.
So if it retraces great, I’ll try and find a point to add. If it doesn’t, great - it’s showing alpha and may be a new leader in the market.
Happy either way.
