SwingTrade Member Forum

[budge]

it's been in overbought territory for a long time. it went parabolic for the second time this year. if you look at what happened the last time it went parabolic, you should see some hint at what to expect this time.

that uplist announcement would naturally provide some interest. that interest provides some opportunity for some to take profits into the higher buying interest without affecting the pps too much. some, it would appear, did just that.

one of my rules I never buy a stock that is in parabolic mode. there is generally an opportunity to get in at a 10% to 20% discount.