Well some like to have the trend confirmed, by say waiting until it goes past a certain target (like 7.50 for example). And then of course, it could be a fake move designed to be bull trap, so some like to wait a bit more. And then, well, it has already gone up so much recently, so better wait a bit more to make sure it doesn't reverse or pull back. And then........ oh wait where is that opportunity again?
Interesting (I thought anyway) move down this morning though. Shorts holding steady at 6.9%. So the show goes on. This strategy update better have some meat on it, otherwise Mrs Market might not like it. And you know what happens then.![]()
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1 | 23951 | 6.260 |
1 | 7200 | 6.220 |
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