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Saturday, April 10, 2021 1:17:54 PM
I have seen stocks run at RSI 90 for weeks
Maybe when this hits .20+ it may need some consolidation
For now it will continue its pattern of
Gapping on open
Consolidating intraday
Leaving gaps behind it
People selling thinking the gap would get filled last two days lost their shares
The only concern here was the STOP sign which has been addressed by last 8k
Just look at the volume last minute of the day, this is not normal retail buyers
.20+ by Friday is not unreasonable at this current pace
My guess for Monday is gap around .033-.035 with an intraday high of .049
Consolidation dips to .04
Close above .045
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