Monday turned out to be an interesting day indeed. A full candle this time (much more bullish than Friday) BUT on equivolume. So where to from here for tomorrow (very short term). Certainly think that 0.1 will be hit and thats just shy of 7 % above todays closing price so no wild up run. I tend to sell into excessive up moves on a single day but that for me is typically about 12% or more and I am tempted to sell into it with the HOPE of getting more at a lower price. THis has worked for my trading parcels on ORD so far but I have the problem now that the stack at say 0.105 is over subscribed. From the chart the median tyne of the large pitch fork as well as the inverted head a should target sits for me nicely at around 0.1 (Dascor has 0.097 ! Geez that is exact). So I will keep my sell at 0.099 and have moved another sell down to 0.11 to cater for an overshoot. Hard one this to see what will happen. My intent is to accumulate more with the same original outlay. I feel that we may just touch .105 but I cant see more momentum without another announcement immediately. I think we may bounce around 0.093 and 0.105 until we come closer to the CCD GRAM announcements (ie I think we should go to yet the next higher level within a week IMO)
Thats my crystal balls for you
chart hocus focus, page-23
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