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Message: Went ballistic, Broke 200DayMA, Profit Taking

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jcwillis

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Went ballistic, Broke 200DayMA, Profit Taking

posted on Feb 08, 12 09:04AM (Log in to use the IP Check tool) ^[?]

Ended last week with big-time upside to break through the 200DayMA. Seeing some profit taking Monday and Tuesday, with much less volume on Tuesday as compared to Monday. Maybe a bit of less selling today before flattening out or resuming upside. Has been a long time coming and a basing above 200dayMA would be nice to let the rest of the echnicals catch up.

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