As you see it.However when you look back, the charts always...

  1. 8,606 Posts.
    As you see it.

    However when you look back, the charts always indicate contradictions for shares that show a ramp formation as this one does. And for this reason, RSI is relatively useless to this market and that sort of pattern. This one is in a short term growth pattern which will opccur inside a longer term one, with ups and downs.
    Tomorrow it may fall a tad but ultimately it should stay in formation until its fundamentals suffer in some way.
    Its fundamentals continue to surprise apparently and today was taken as a bonus anouncement for $60mill in contracts - unexpected.

    Cheers
    L
 
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