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MfridgeV2

05/26/21 1:06 AM

#35706 RE: Stockman1010101 #35704

Agreed. I’d like to see a small dip and consolidation but I think it’s going to be more of a fomo knee jerk buying frenzy.

Oddly enough I hope I’m wrong.

fourdint

05/26/21 1:46 AM

#35712 RE: Stockman1010101 #35704

Well, I'll give you the basic analysts talk. It's either going up, or it will go down. I always hate that they say that, like in a wedge, when the lines meat, it means it will either goes us or will go down. I hate that lol. Actually, there is third possibility, which is consolidation ot lateral move.

I think there is big chance this follows momentum up. But like you said. Depends on who is in control. Smaller chance it could consolidate some then pop. Or could have retracement to say 15s if HF get control ... in which case people last chance buy the snot out of it and goes to 20s+. We are as you said, in uncharted territory. Candle light hard on eyes so don't stare too much at candle sticks to attempt charting-- give your eyes a rest!!!