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Alias Born | 05/10/2004 |
Friday, January 28, 2022 11:15:07 AM
It may be an "End of Month" buying event. Timing of the trade by the pros, as it were. Needs confirmation from a charting point of view, IMHO, but it's worth watching....
I'm looking at a considerable pick up in upside volume vs the volume levels as it declined. IMHO, if there is more buying as it moves up, the volume tells me the buyers have, at least temporarily, regained control.
We'll see. Keeping my fingers crossed. As for me, I kept the faith and did not let myself get spooked out, but I'm just like everyone else. I'm a retail guy, not a pro, and the big money always runs the show.
Like I said.... We'll see.
Just my opinion.
IW
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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