Probably ran a little hot for this stock today...it is not a...

Probably ran a little hot for this stock today...

it is not a trader...yet it forgot itself a little here today, no doubt on the back of a few of those who have been waiting for this move.

Volume was good enough to confirm a breakout and new trend flag, but not enough to confirm a new support line has developed for the more conservative types...we should see this develop in coming days.

Typically we see a few stale bulls bail on the first break...which is why high volumes are so important to absorb them...so in the abscence of this, we may well see softeness tomorrow on low volume, or indeed, if we get a day of 300K+ we may well get our confirmed support line and kick-off for a new sentiment drawdown.

All good...regardless of near-term "noise"...with my targets not even currently showing any sell bids.

lol

Cheers!