Today we broke the trend of lower highs as we now have a higher high at $14.64 as of now...
I wonder if we are getting a short squeeze as some might have sold or even shorted when the 50 crossed the 200 simple moving average.
Too bad they didn't think to use the Exponential moving average.... they both turned up last month signaling a potential trend change ahead....
This correction, although painful, has been great as it has allowed me to trade a bit to get more total shares AND take some cash out.
Kirk out
#board-1574
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