RE:RE:RE:RE:RE:RE:RE:RE:RE:Reading Charts"Suck it up" What is this place? Home for people still locked in some battle to forgive their parents and seek what mommy and daddy never gave them in a unconstructive rant? Basically a sociopath playground.
Yesterday it was the depth. that was it. The depth was the key to your insights. Now its the gap up and fade. Well if you had any statistical precision you could say ....see this XYZ company and this ABC company did the same thing here and here.
Well here is a chart showing pretty much the exact thing you are talking about as the kiss of death for a couple weeks or more. Well here that theory is blown out of the water.
RHT Chart And don't get me wrong it would appear to me that what we want here is consolidation and it looks technically its time to set up for that or beware of the blow off with the qtry report. Gap up and fade. Low volume now which is good also. The accumulation has taken place now we wait.
Healthy progessions are rise and back fill. Rise and Back fill. That is health. Parabola's only lead to one thing. Rise and crash.