@KaineI just saw the chart for this. I looks like it has just...

  1. 1,014 Posts.
    @Kaine

    I just saw the chart for this. I looks like it has just peeped over the 50% Fib. My concern is that the bolinger bands are inside the keltner channels, indicating a squeeze. Its been squeezing for a long time now, since the 19th. A squeeze is generally followed by a big move. Looking at momentum oscillators this would indicate it will be an upwards big move. Only because the momentum oscillators are positive.

    So judging by that I would go long, but im not. Reason is that the 4 hour chart is showing overbought. Hmm what to do? Ill keep an eye on it.

    Thanks
 
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