rockraider3 is right - not likely to move absent a catalyst. I don't pretend to be the best technician, but the fact of the matter is that the charts showed weakness and the price acted just like the indicators suggested. I am a little surprised the extent and persistence of the weakness, but the weakness is still there. But it is improving - slowly. Longer time frame charts are showing improvement in the overbought condition (but it is still indicating overbought). Shorter time frames look promising, and we could see some improvement. We need a catalyst - like news or sustained new money buying.
I don't know what this means, but exMBB on Twitter had a chart up today that showed the preferred A class shares up well today on good volume. That kind of disconnect from the commons is suspect. I'd like to hear more from people who know more about this.
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