We're too close to filling the COVID gap to go down without filling it.
At the current rate, we should hit it sometime Tuesday. Target is somewhere between gap fill and ATH (or possible double top).
No shorting until Tuesday.
At the current rate, we should hit it sometime Tuesday. Target is somewhere between gap fill and ATH (or possible double top).
No shorting until Tuesday.
Commento:
Looks like it needed to get rid of the overbought condition first before the final move...
Commento:
YM MFI went oversold, looks like it's heading up from here to that gap fill