RE:Today's volume is nothing compared to the ones on Apr 27/28Why would you underestimate that technical move?
It makes no sense.
Firstly, the downtrend SAR has been broken...
The price just went off the bollinger bands which have built a really thin corridor.
We have been tracing the MACD so near 0 for a long time, without real movement.
Stochastics is well above 50.
RSI is above 50.
Those technicals might trick us... but still, you have to take them into account.
Of course it could have been an empty +0.10 that we saw this morning... but still, you have to take it into account and just not wave it off.
Seriously, it could mark the start of a next uptrend.
I'm not saying go in hands down.... but still.... take a look and evaluate instead of just saying people are getting in cluelessly.