Numero uno -
Two days ago, l the daily volume went bazookaville , which is a nontechnical term for
3rd Standard Deviation of daily trading volume for the past 18 months.
As can be seen on both the OBV and the A/D, everybody was in attendance, working on a base camp
Today looks liker the SOP Profit taking.
And that's the crux of the matter for shorter term trading.
A small PPS move in relationship to volume.
Tute Base camp established for a longer campaign of further ascension.
In the meantime, with Tutes inside their new tents, what's to bring more upside volume
in the short term ?
If no follow-on (as today seemed to indicate). then expect a certain turbulence as
the Dayboys charter the boat for additional days of wake-riding.
Upside Targets are easily seen on the chart.