I pulled the pin on this today...
Recognised the pattern after the first open-spike...then went for number 2 and number 3...fortunately it paid off.
Thats enough bites of the cherry for me.
Prior to today, each spike on open has been followed by a minor sell-down then gradual rise towards the close, but still fisnishing well off the days high at an intra-day technical jump line.
Today was different though, with the closing proce much closer to the intra-day high that we hit in the early trade...and the finish at no particular TA reference.
Could well keep going...I genuinely hope it does for holders...and I de feel there is definately something up here via an apparent cornering of the float...but history tells me never take three bites of the same cherry, be it intra-day or daily!
Good luck all.
Cheers!
I pulled the pin on this today...Recognised the pattern after...
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