RE:3 Day RuleMy post from yesterday for which I got BASHED.
fdfd12 wrote:
If we have a great day and UP again $3 to $40-$41, then this should be the end of this run.
Usually, 3 good days is MAX for a stock.
We will be too far away from the 13 day and will either need to rest at $40-$41 for about
3 or 4 days, or it will come back to $37-$38.
Also there is resistance at that level since that is where we got stopped a few
weeks ago on the takeout rumours.
I know this is not what you guys wanted to hear.
It also is not what I wanted to write but that is the way
the market is.
PS: If we get to $40-$41 by noon, you may see the drop start to happen then.