Hmmm... another nice trade for the faithful.
Well clear of previous resistence at $12.30 Fib(50%) and now struggling to hold past Friday's HIGH at $12.56 on modest volume, so today could end as an inside day which could be seen as a sign of weakness.
RSI also overbought and set to trigger.
Those nicely in green will be considering when to leave the party ... not easy as 50/50 there could just as easily be more upside to come.
A HOLD overnight is justified ... fingers crossed.
Cheers...
This is only my view ... read the red stuff.
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depth is looking good, page-3
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