RE: TA question: SamI see what you're saying about a larger head and shoulders forming up around the small one. Could be, but I see a potential problem as it currently stands: The right shoulder doesn't want to draw itself properly for some reason--it should have confirmed a new neckline at around .57.
Instead of that, it's hunching upwards towards .60 to .62.
Thus, instead of a proper head-and-shoulders, we have a sort of Quasimodo-chart with a right shoulder hunched much higher than the left.
Now, I don't know about you, but I see that as a distinct advantage, because a hunchback always makes a more effective miner because of the low-ceiling conditions.
On that technical basis, I have to conclude that it's a win-win situation. Either the chart is continuing its breakout, or it's morphing into a new more efficient miner that will revolutionize longwall mining and boost cash flow.
After that epiphany, I rushed in and bought 2,000 more. It's not every day I'm offered a can't lose proposition.