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bud_fox

05/21/19 10:58 PM

#36343 RE: swim #36326

Hey swim, to tell you the truth, the past couple days have been quite intriguing. The volume has been solid and nearly identical to yesterday. 12+ mil traded with 7+ mil on the buy side each day. Nearly 15 mil bought over the past 2 days. The chart is solid and extremely bullish. The rsi is showing overbought but I've traded stocks where the rsi was over 70 for 3 straight months so not overly concerned. The MACD continues to break straight up and it's breaking over the zero line which is impressive. AD line is breaking north as well and the aroon 25 up is running solid at 100. Like I said, I personally won't be all in until we break and hold .075 - .08 because we've been here before. I think things are finally coming together so this time may be different. Keep an eye on the MACD. As long as it's heading up and not cresting it's all good. There is a huge cup forming and shorts may be getting into danger zone. If we get a small pull back to form the handle then rebound back above the cup we could run to double digits this time. Fingers crossed. Stay cool bro.