Congrats. Taking profits is always good. And, you can buy again at cheaper prices, as I did some today. I'm ready to buy more should the correction continue.
I agree pretty much with your assessment of the situation.
T/A is not painting such a 'great' picture some enthusiasts and chartists present at least for the time being. It's not the chart that's producing the pps changes;-). The political news/developments of what is yet to unfold and in the future that will be reflected in the price charts. Then, it becomes a question of interpretation based on patterns for a range of clues.
As I see it, the Demand Volume is not yet strong enough at this time and until it dominates the supply, there can be no Leg 3. What's the use of 'pumping' and forming a 'chorus'? The stock market has too many obstacles for the unprepared and inexperienced. It hits where one's shortcoming(s) happen to be individually. The game is just too complex for most based on the record. A zero sum game where the money flows to the most prepared and experienced... rarely by chance to the 'dreamers'. GLTY
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