Even with the ground it needs to make up, I prefer that to happen in less of a risky "it now needs a pull back" fashion.
Seems very toppy to me, and although I already own it in numerous price ranges, I would love a chance to buy back my cheapest shares I recently sold and get some new traders in for another run. I see a few spots of interest for me.
I think it needs a pull back, and in the long run that would be very healthy for the stock anyway.
Monthly does look better than a daily, but nonetheless that Daily is going to rule for near term correction, will it not? And a move on the daily, a pull back, how will that actually change a monthly chart and the pinch it is making? It's a monthly. It's taking into account 30 days and a seven day drop with recovery, wouldn't actually change the pattern, correct?
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