The probability of a breakout with a decent value (Units X Price) has become significantly higher. The standard deviation of the drop in %, although there isn't many data points, is nothing to be worried about. It is well within the parameters of this stock trading patterns.
A sharp sell of will trigger a downside pressure. This may not happen.
If this stock closes at red, negative 2.5% to, I will take it as a good sign although it sounds peculiar. Quant is all pointing a melt-up scenario. Hopefully extremely soon.
Goodluck people.
Add to My Watchlist
What is My Watchlist?
