My latest instalment on the weekly.....
My cautious call on the price holding above .295 and .32 was smashed out of the park on Monday; what an open. The rest of the week is history, well documented by exuberant forumites on the way through. Coupla comments though ....
The chart is showing overbought. Might not happen for a while, but a pullback is going to happen.
Trendline is getting steeper. The 2nd trendline has moved it up a bit; as it gets steeper, a spike and pullback is more probable.
.295 now looks like support.
The old trendline support last week was .195; its now .25 on the new.
That's a pretty rowdy chart
Go well.......
My latest instalment on the weekly..... [ATTACH] My cautious...
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