Wyckoff trading method, page-1607

Yes, it will be interesting to see how it goes, and if it will continue to accelerate higher,

It looks like a determined effort to breakout above the previous high at the minute........

and yes, the normal approach would be to wait for a test of the breakout,
but on these small cap stocks the normal responses are not always applied as expected.
(that is not to say it won't, just that on these small cap stocks, sometimes the short term and momentum traders jump on the breakout. And they start riding it up, and that makes it quite difficult, or too expensive, to bring it back and properly test the breakout)



cheers