RE:Awesome Day for SP
- Not so Fast there bud. It would have been awesome if this had closed at higher than .82
- Confused ??.... Read the Chart.
- Golden Rule (The One and Only One) to know if the up move is genuine and has legs... Volume, Volume and Volume !!
- Sadly, there is no volume in today's move (or the last few days of up trajectory), which means that all that happened today (and the last few days) was "orchestrated". Once we got past .76, I already saw .82 happening. It is so blatantly obvious from the chart !!
- Expect tomorrow to be even worse (on a volume basis), but I guarantee you that they will try to get this to a $ tomorrow even if the volume is less than a 100k shares all day.
- The question to ask is.... when you want to cash out at that level , where will be the bid ????
- The gap from .49 to .65 still has to be filled... and I betcha that it will come back to fill it if there has to be a "real genuine move" upwards... otherwise as "Elaine" says... it is "Fake, Fake and Fake".
- Now... go and figure out your weekend !!
LOL !!