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Thursday, October 07, 2021 9:29:13 AM
What's interesting is for the past 9 days even though we have had a few up days for all 9 days the opens have been higher than the closes. Enthusiasm at the open and then fade. Wouldn't actually mind getting dinged at the open and then seeing us climb the rest of the day. That may be the pattern that finally moves us out of this tight consolidation. Just will watch and observe.
No matter....we are above the 250 EMA with a breakout gap still very much open. We have a triangle pattern in an uptrend with now a very tight box that we are looking to break out of.... We also have the tight weekly EMAs....it all points to a big move... Some kind of news will be the catalyst that will light the fuse in the near future...we have a list of things it could be...it's gonna be a fun ride! JMO...anything could happen.
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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