Depends on where this push stops. Retrace is not permanent. I figure it will be a gap and trap Monday. Well it could be permanent… lol. But probably not here.
Not trying to ruffle feathers but this is typically when I ask why people are still buying and not bidding low. The price fell through the 20sma (30min). The 50sma and the lower band are at .0015 and the 200sma is at 0011. To reset the 30min chart would probably put it T8 roughly… that will slightly change if it works sideways for any length of time. If it follows the pattern of most it will reset below the 200sma. That’s not bashing at all. It’s just the pattern they seem to follow. Oh…. I am proud of being a “D” student. :)
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