Do not argue with the markets - a good analogy I have read here is by Steve46. You are on the tracks looking for clues for the train, looking for vibrations on the rails. Well, don't forget to look up. Add some 60M/30M charts to your toolset. Get long!
3 more got hit at 531 for an avg around 526, and profit target got hit at 516.. sorry. website was down when I tried to get in here for a more real time up to date. Bullish divergence on the RSI.
every breakout starts as a short squeeze, remember that.. meaning most (at least the intial days) of a rally are the squeezing of the shorts, then its a question of if the longs come in (with volume) to follow thru, so for those short, something to consider. Please see my previous posts regarding the day ML came in and dumped on the indexes, this was a manufactured squeeze by the big boys. Hope everyone else caught it I pointed this out BEFORE this squeeze started, hw they painted the charts to make it look weak etc etc I think the are going to test the upper range now which is hundreds of pts higher but we have to see if volume comes in if not this market will reverse back (since the shorts will ahve covered and there is no more buy pressure) I went long AAPL, GYMB, DBRN, and RAVN a few days ago/breakouts