HW BEING ACCUMULATEDYou might notice that HW acts as though it wantsto drop. It says, "I'm going to go down". Then it fails to materialize. HW is being accumulated.
The one minute chart looks down andpersists in that look. That look will persist all the way up, andthat's the thing one must look for to hold to benefit on the upside.
Youhave to have your finger on the sell button, and then resist pushingit. As long as the chart induces this kind of psychology, you can holdfor trading purposes.
In contrast, for investment purposes youhave to ignore this kind of approach. With investment you buy breakouts, preferably at a short term top. Mostly this is caused by shortcovering. Shorts are most often right because they have to be sensitiveto all constructive material fundamental developments, and to a degreegreater than already holding longs.