goalkeeper15
I agree but runs usualyy last 3 days not 2. So we have another day, chart indicators shows more to come and today I didn't see the MMs hands in the pie. The forth good sign is fate.
I've been posting .025 my lump sell target for over a month, today after closing a smaller swing trade bought at .0205 sold for .0245. I placed my lump sell order at .025 @ 3 PM. 3:50 the .025 trades started closing, 20 or so. Good old SCHB, my order did NOT close!
So fate is giving me a second chance to raise my profit sell target on Monday. I tryed to follow my plan! LOL But IMO somebody up there wants me to make more money than I would have been happy with.
Yes normally a run lasts 3 days and the 2 day %age gains and EOD volumes shows this is not over. The DMI, Aroon, MACD, & RSI show more. The MMs didn't fight today. The only indicator that signals a peak is the STO, which is showing an unusual continuing climb, over bought, above 80. That point is normally where you see selling for profits, but the positive divergance is still open a little. For more. Not much but more. DMI shows alot more RSI shows a mid size continuation and the Aroon up trend is holding.
ALL looks good for a continuation. I can't see a clear chart pattern to indicate a target though. The MM proactive enter has screwed up the short chart pattern. So I can't pick a target above .025.
Using my gut, with Spec traders still coming, MMs not holding, and TA indicator saying ONE MORE DAY. Monday could be wild! With everyone trying to sell for profits!!!
I'd kept my finger on the trigger, and eye on the screen, and play Monday like a daytrade, without a upper target, but placing .025 as the low target! Remember, if it starts falling fast put your sell order in a few clicks below the bid, so it doesn't run past you!!!
Luck to all!
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