Yeah, they do that when there is no volume but if you check out our volume for the past 2 trading days you'll find there is extremely high volume. Now, we had a perfect candle today with no wicks and it was also a cup with handle breakout and symmetrical triangle breakout. Also, it was Clay Traders flag pattern breakout which he showed in his video last Fri. The RSI is almost in the power zone and the TRIX crossed today....if you look at the yearly chart you will see that everytime the TRIX crosses there is a major move to the upside.DI+ just crossed DI- and the ADX flattened out and I expect it to start to turn upwards as early as tomorrow. The PPO and the MACD are diverging from their trigger lines nicely above 0. Full Sto, Willie and ULT are all in the power zone and CMF is showing lot's of $ flowing into the stock.
You have an interesting theory, but I think it's looking good for tomorrow.
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