Wednesday, November 15, 2017 2:02:39 PM
Unfortunately, there is that Gap at around .47.
That is where this run up started and where the pps consolidated at the month before. So the price could drop to there to squeeze out all gains.
But the charts also shows consolidation along the 20DMA, right where the pps is sitting at right now.
So we can hope that its consolidates along this new 20DMA.
But if you believe all Gaps must be filled, then taking any gains now might be prudent.
Welcome to the world of trading!
That is where this run up started and where the pps consolidated at the month before. So the price could drop to there to squeeze out all gains.
But the charts also shows consolidation along the 20DMA, right where the pps is sitting at right now.
So we can hope that its consolidates along this new 20DMA.
But if you believe all Gaps must be filled, then taking any gains now might be prudent.
Welcome to the world of trading!
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