It depends on timing of news flow, IMO, if it will drop enough to be worthwhile this time.
This move has been anticipatory IMO and if news is coming soon to add to that, I want to be holding even my trading shares. Just watching and trying to gain a feel for that timing. Things I am paying attention to are volume, money flow, 8ema support on the daily (14 trading days strong now) and the weekly 200period. If you look at a 1minute chart, the accumulation buys are very clear.
Whether it happens or not, there is huge upside potential on the weekly. On a daily, price is doing a great job pushing up both bands. Yes, for now I am only looking at bull scenarios for the immediate (day to day) picture because there aren't enough bear signals for me to alter my holding stance. Could bear signals come? Of course so I need to be flexible not locked in rigid.
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