Was down in Panama over the break and while away volume took off....now I'm back and its cooled off again, I need to get on another plane. At least we broke out of that tight trading channel between the 50 and 200 dmas, it was stuck there for 19 consecutive trading sessions by my count.
With low volume it looks like we drift....so long as we stay above the 50dma its all good in my view....I do think volumes will spike upward again before too long.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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