Warhorse I know what your talking about it's called denial. Sold NSRS at the open gapper today .18-.20 Then they had a little sell off. lol ASWR is not down on any large volume, which could be considered a good if your long. It is the unknowing factor that dragging on it. The position it's at in the chart doesn't make a good entry pt. Picture 6 lanes of traffic with a high wall (200ma)in the middle 3 lanes going each way. AWSR is over next to the wall on a narrow median trying to get to the other side. It doesn't have enough energy to get over the wall(200ma) and cross traffic. It's in a narrow median getting pushed closer to the other flow of traffic. Its trying to build a platform to clear the wall and run to the other side. If it can't get the platform built it will fall into the oncoming traffic and get trample back to the shoulder. (50ma)
Do you want to go out and join the crowd trying to build the platform or sit back in the grass drinking lemonade waiting to see what happens?
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