Been a stella run thus far ....but CPN does seem to running out of puff a bit today however...
Pressure on the accelerator (ie, Volume) seems to be dropping off each day, much lighter trading today compared to last 3 . Uptrend on the hourly clearly broken if we have a red close. Day range contracting gradually also. Probably need a few days to do some house keeping on register here before any progress north can ensue.
Also note RSI and Stoch's seem to be rolling over (only so long a stock can sustain RSI in 90's before return to more realistic levels). ... Noted that have had a strong close last few days (one after-market which was a classic pro sell down fake out 2 days ago). Let see what happens on close today.
Depth Q looks about 1.4:1 currently which is markedly weaker than last few days , peaked at Approx 10:1 on the 22nd.
Been a stella run thus far ....but CPN does seem to running out...
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