Chart Thread, page-148

That's a big day eh?

Hope you guys took profits if you were watching intraday.

Here's how it played out. You can see when it rolled over and profit taking began.



The days candle is actually pretty disappointing which is strange to say after such a big climb but when the upper wick is longer than the body then it's fairly puzzling to say the least. Basically it was an incredible pump and dump on big volume and I feel for those now trapped who bought in at todays highs. That was a huge sell off in the final couple of hours today.



Going to be interesting to see where it settles for the rest of the week.

Perhaps if we just use a line chart which only displays the days closes, it doesn't look so radical.



But the main thing is for holders is that you are see higher highs and higher lows which is exactly what you want.

Cheers