i think this is considating and winding up like a spring avout to bounce. macd has opened up like jaws, .016 gap has been filled, buyer seller ration more than doubled, volume per day is comforting and shows the market being strong towards it, sp cheap, mc low, pending announcements, the rsi has dropped to a nice level and gas and oil prices are booming. a slight sniff of good news and it will be hard to jump in.
i think this is considating and winding up like a spring avout...
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