There was some strong intraday consolidation today... On the 60 min chart everything cooled off beautifully. Pushed that upper Bollinger Band towards .003 to give us a little space with the .0025 finish. RSI is still a little hot but it was all day and we kept on rolling. MACD is still pointing north too. Like you said though, we'll see.
Not anticipating that. Today we successfully managed the psychology here...the folks who were compelled to sell after getting in much lower coupled with those 'first time buyers' who second guess themselves when it ticks below where they bought.
These two factors combined often results in a red day...but GRCV managed to successfully counter that and it still provided a big double-digit green day.
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