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Tuesday, April 30, 2024 8:19:32 PM
In Nov. 2022 and Nov. 2023 (post#'s 393087 and 418183) I predicted rallies. Over the following 3 mos. we saw prices shoot up over 95% both times.
The chart is hinting the same:
Though unimpressive, today's volume was the highest in over a month. It was upside volume and it was bullishly divergent to the massive selloff in the general market. This behavior is very bullish IMO.
Combine that behavior with the noted indicator reversals and we have the TA ingredients for powerful move. Where is shorty??
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