Still, lots of Supply/Resistance Overhead, so there's more work to be done. Speaking of animals, watch out for Dead Cats! We want more than a 1 day Bounce. Was last Friday the Best Buying Opportunity of the Year? Time will tell....
This is interesting.... "He thinks Facebookâs IPO generated selling pressure as fund managers took profits in Apple, needing to rotate money into FB. 'But now, that selling pressure is over', he says, making the path of least resistance, higher."