Wonderful that Mr Market gives everybody a 2nd chance to stock up more or get set if they missed the surge yesterday!
Pullback to 9 day moving average supports, RSI's been positive for a whole month already, momentum buildup is still steady regardless of todays move. Daily SPs OK, weeklies tell a clearer story - many indicators crossing over- uptrend- no problems there - looks like this might just "ride" the wave up now. Nothing drastic, just gradual continue uptrend day- by- day.
No 50%, 100% surges, not in a day or two anyway, but relentless gravity towards that $1 and beyond mark. Nab and patersons security reckon $1.35... another research house someone wrote is over $2.50. A couple of % per week is good enough for any investor. Who sold today? Or only Bots selling to themselves. for those who picked up- welcome to the Elm train. Say thank you market!
K2P Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
