NETE was over .35 several times today since the open and we hit .36 a couple times also. Today we churned tons of volume in the .32 to 35 range mostly and even with profit takers it helps for the next leg up to be much thinner above. We also were up 30% to 40% almost all day long after the huge gap up on the open then backfilling and churning. I am betting on a nice gap up and run tomorrow. Tomorrow it should be much easier to simply gap and run after todays massive churning in the .30's. I am hoping to see some churning in the .40 to .50 range next on the charts.
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