Sooo...there wasn't any profit taking Thursday???...think NOT. 2 days of profit taking HAVE occurred.....settling @ .0006!(T&S proves it along with some other indicators).
Some interesting analysis/points to consider......
1.) Does the week open with an upward gap? Your benchmark is the weekly opening price. If the prices stay over this benchmark, go long.
2.) Does the week open at a level, equal to or below the previous week’s close? The benchmark is that closing price. If prices during the week stay over this benchmark, go long. In both of the above cases, avoid buying if the prices during the week start coming below the benchmark.
Note: Thursday we closed @ .0006(Start of RUN)...Friday we closed @ .0006!...the BENCHMARK has been set.
GLTA!!
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