You know as well as i do that no stock ever keeps going up, depending on your time frame.
the blue band of moving averages represents the short term traders and they have been trading this stock, as evidenced by the compression and expansion of the blue band. From your originating post, I gather you were saying there might be a possibility to short the stock. If my interpretation of the blue band is right, some traders have been going Long and going Short on this stock (the expansion and compression), but they are doing this in a broad bullish environment which the red band is telling me.
poster mower (excuse my spelling) was right in his/her post, in my opinion.
That is all what I am trying to say.
I am uncertain of your trading strategy. Some months ago, from reading your posts I thought you held medium to long term to trade. If that is still true, then why would you want to short MQG now ? It is in a mid to long term bullish environment.
