I don't disagree with a lot of what you're saying but it doesn't make my point invalid and the fact it was a very short brief comment and wouldn't thought a big deal. But seeing as you raised a few points i will respond
Glad you support my point that it does get manipulated easily.
We aren't in a correction and I don't see one before breakout so that comments irrelevant. Can never be certain thou.
There are gaps and then there are gaps.
When others said we would see a retrace to $0.95-$1.05 I posted I don't think as I believe $1.20 holds.
From your logic you should be more worried about this gap below from Sept 20 around 24c.
Often gaps at beginning of a breakouts don't get filled and can signal a very strong trend to follow.
Continuation gaps can take years to fill and many don't.
gaps in a trading range like now usually fill quickly.
Here's a chart with a few gaps. Imagine how all the people who worried about those early ones being filled and sold.
The middle gap in DEG was breaking 8 year highs. We are trying to make 10-11 year highs.
Just for fun
There are very particular gaps I get a bit excited about.
Lots of bags have lots of gaps usually, 1 or 2 at the beginning and a couple either quarter to half way in the trend.
I was happy to have PDN RSI in the high 80's in 2003 and 2004 and DEG RSI hit 93, how high did Chalice RSI go? maybe I've seen a bit more over the past 20 years and don't share your concern. Give me a big breakout gap over $1.40 and massive volume and RSI through the roof
Why you guys so defensive here? Who do you think your trying to convince? I'm very bullish. Almost as bullish as when I posted this but it wont stop me making comments how I see fit. Don't take them to seriously. Usually out of boredom.
@92electrons Pretty enjoyable when banks give interest free money with t+2, if careful one can increase their long positions significantly.
Shalom
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