Thats right.
Overall, the trend is up and its strong until proven otherwise. And this is the nature of the beast.
We may have one more candle of consolidation and I reckon anyway that the stock will hold 7's like i mentioned earlier this week and it has so far. A worst case scenario is 5.8c.
The downside at this point is quite limited so it depends on how much heat (drawdown) you can handle till this trend mature and develops further.
Forget the conspiracies, media and all other factors. Its already discounted by the larger players and its this inefficiency as trend followers that we exploit and make tremendous amounts of money doing it (unless trend fails)
Im bullish.
Cheers
babylon1
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Thats right.Overall, the trend is up and its strong until proven...
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