I’ll take either one. But from the looks of accumulation staying up and money not flowing out when it was flowing in tells me up is a good thought here. It’s now flirting with the 50day MA and I think the MA is going to move in a more verticle manner.
I think this train left the station about a 2 months ago. The people trying to get on now are the ones that totally missed their time and had to fly in the car to the next station before the train hits that stop. Hence the scrambling.
Of course they slow it down!
But the end goal is the end goal on this particular trade. Definitely a longer term swing type trade with a possibility of getting a offer always will be a go to for me.
And the fact that the MMs still do not have enough shares to churn a range cracks me up. The spreads should open up wide again. It’s a coming!
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