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SooS416

04/15/19 11:29 AM

#16521 RE: jerseyboy1997 #16520

It is retracing a bit off of the highs, that is not a bad thing. You expect some sort of retracement and consolidation after the move it had, chart was hot, trading above the upper bollie with RSI hitting almost 80.

It is a good thing to cool this off while maintaining higher levels of support, that is the whole stair stepping thing, can't have stair steps if there arn;t retracements.