Now that the low of day was made going into lunch further analysis shows additional weakness for today with the possibility of the gap getting filled from yesterday.
We did the drift into 10 am and lunch then banged the close from yesterday but as hydro points out no one thus far is interested in selling. We'll see what the close brings on however.
And that is the secret. Today was the pre-market and open gunning for the stops with the buy on the other side to scoop up the weak hands shares. Then squeeze everything else on the way up. Nice. Good luck and happy New Year. Done...
Interestingly I had given up on that gap getting filled but shazaam this afternoon some selling appeared. Volume appeared out of the thin pre-holiday air and stops got hit as volume came in. Usually happens when I hit the bathroom today it happened after I left for the day. Happy New Year