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Re: veloyt post# 125911

Tuesday, 08/31/2021 5:07:59 PM

Tuesday, August 31, 2021 5:07:59 PM

Post# of 198823
You're welcome! RSI is at 69.87 on the hourly so breakout seems imminent. But the longest hourly breakout we've had since 6/8 was....6 hours. In all that time the hourly chart only broke out three times total, and both of the other breakouts lasted...1 hour!

I think this could run back to around .30 with good news. The chart setup is reminiscent of the run from late May. But back then the news was flowing strong, and right now (so far) it's radio silence.