RE:Premature closing rallies miscarrytamaracktop wrote: Sharp rallies that begin too soon before the close invite profit-taking
Rallies that start at 3 oclock fail more often than not.
it's preferable for a late spike to develop in the last half-hour, or even the last ten minutes.
The market can do big things even in the last five minutes.
It's somewhat like a basketball game.
$1.58 on 353,000 shares at 3:10 pm
From November 23rd
At $1.55
Looks nicely set up to me.
$2.02 on 360,000 at 3:26
Fingers crossed