Thursday, March 21, 2024 10:06:10 AM
that indicates to me that the HOD has been established already.
There is, however, a 2nd correction which seems to take place at Hour Four of the day's trading.
Let's see what happens after lunch (on the east Coast)
This is (admittedly) a half-assed approach to tech but it's the result on many years of day-trading experience.
PS: It indicates the "herd-mentality" of traders
A .0045 stock will go to .045 a lot easier than a 4.50 stock will go to $45.00
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