From a chart perspective and the prior chart pattern of Hemi since Dec the writting was all over the board that a move to the upside was about to occur, RSI <65, PPS <5MA, etc...
The PR this morning was just the ether needed to rev up the Hemi engine again. Remember this is not a 1/4 mile drag race this is more like the Daytona 500; remain long and strong, and you win the race.
Going forward it is simple "The Trend Remains Your Friend"
She's a beauty! It has taken a few days to get over that shake up that happened last week. I think they did it intentionally to mess up the chart. And it worked! Now it's back to it's slow steady climb.
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