Cardmaster; In the first hour of trading Value Investors & Position Traders made it known 'we are here'. The rest of the day Swing Traders are looking for the 'best buy' with smaller blocks with whatever the Bears "think they are doing". The swingers want to keep the Continuation Pattern sideways because overall external Bear Market Sentiment... so we get this low volume congestion. This will have no overall effect on our trip North and may convince Traders to move their trailing stops higher. I have had to change the way I view the chart analysis because ILUS should not be in the Pinks... I have been mud wrestling with pigs for so long I saw a need to change my perspective. chart thread post
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