RHAT out

Sold yesterday's gap down, but a break of $22.37 would see a fresh breakout and a fresh long signal. The trading account is mostly in cash (only TRDO left). Keeping the powder keg dry until we know what will come out of the recent volatility.



Quite the roller coaster we are seeing in the markets. Yesterday's limp volume on the part of the bears has come back to haunt them. It does look like today's buying will come with sizable volume (= accumulation day). The main question now is where will markets finish with respect to resistance and/or thier 20-day/50-day MAs?




Click to verify my Collective2 rating of 960

Popular posts from this blog

Nasdaq primed for breakout

S&P "Bull Trap"?

"Black Candlesticks" are a concern for the S&P and Nasdaq

Archive

Show more