Yes you are right. I am just making my point again here that a retrace doesn't mean that things are weak - it is just charting. I would prefer a retrace even after .06 - or where ever it occurs to maintain the chart dynamics.
The CAPC chart has done this in the .01's, the .02's, etc - I don't see any reason why it won't follow the same pattern.
When someone wants to sell - it could trigger more sells...we just don't know because we are in true Blue Sky Breakout.
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