this long has petered out, right?

2 days ago

it may not be over. if we break through this 5 min high theres very little resistance to daily gap close, and if we fall through this open its almost a guarantee to short to the weekly lows. i would stop out either way if it halts or has undue volatility other than large predictable and steady swings. that being said im leaning long because of how it has set clear 5 mi higher lows this morning. i dont have to close this gap or even most of it, i can use any of these levels as take profit and continue to raise my stop all morning until volatility returns to the stock which it will eventually. if not today or tommorow the stock will return short by hitting daily upper trendline.