Not at all surprising. The chart was balanced yesterday and our ability to bounce back is extremely bullish. RSI has also retracted. And 8K is very bullish. Blue skies ahead.
Take the good as it comes and celebrate it! What GOOD would it do to continue to be sulky about yesterday's losses, simply because they haven't been recouped in full? I'd call for trumpets, cymbals and go the whole 9 yards in cheer-leading for this green close :-)
Tru nuff…very low afternoon volume…could be a dead cat bounce…we’re into massive bag holders at this level…tomorrow’s action will be interesting….Volume is the fuel…..IMO
Yea- because we all know that stocks only go straight up- sheesh- those of us that have been here since March/April and have rode the bronco all the way through have PLENTY to celebrate- sorry if you bought at or near YTD highs, but good news is that in a month or so any share bought in last year or so will be VERY GREEN!
But for many of us that added yesterday, those shares are up more than 23% today- see how this game works?? You don't have to be right every time- just need to be right BIGGER than when you are wrong!