Gold Bars I agree that it could pull back a little. No stock just goes up and up without taking a breather, its the psychology of the stock market. Traders see other opportunities open all the time and get out. As a rule 2 or 3 good green candlesticks and just about any stock will have a break, even if its just a day of light selling to bring the price back a notch.
The POG is smashing it though at the moment too, and its in uncharted territory so really anything could happen from here.
Usually on a chart if a stock breaks out of its channel, it will form another channel on top of it of equal size. If this is so, then the top of that next channel is 70c hence why I got out today. If it jumps THAT channel and doesnt pull back I could safely say that it is "off to the races" in a steeper pattern. But it will be interesting to see if it breaks 70c then pulls back to it to form a base.
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Gold Bars I agree that it could pull back a little. No stock...
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