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Yep fair call.$ 24 may be the Hardest to break thru
May test my patience this one.
I did learn during paper trading to just be patient.
$23.32 is break even including costs

I expect a few days accumulation under $24 then stop loss /supply test before breakout.
Why? The only supply will be from Holders at lower prices. There is no holders at higher prices .
obviously.
ie no weak sellers [supply pressure]trying to get out of the stock they bought for double the price 2 years ago trying to get out with min damage for example.
The Big Accumulators know this. If they hold on to supply prices can mark up quicker.
There is strong buying pressure . up trend since April 2016

I suspect the BA will accumulate a few days more under $ 24
Maye push prices down for a day or 2 to catch the tight stops and clean those up
Watching for decreasing vol bars as supply from smaller sellers is absorbed by The big guys.
Watching for bear bar shakeout before upthrust.

Thanks for the comments

<blockquote data-quote="Triple B" data-source="post: 963900" data-attributes="member: 72285">Yep fair call.$ 24 may be&nbsp; the Hardest&nbsp; to break thruMay test my patience this one.I did learn during paper trading to just be patient.$23.32 is break even including costs&nbsp; I expect a few days accumulation under $24 then stop loss /supply&nbsp; test before breakout.Why?&nbsp;&nbsp; The only supply will be from Holders at lower prices. There is no holders at higher prices&nbsp; .obviously.ie no weak sellers [supply pressure]trying to get out of the stock they bought for double the price 2 years ago&nbsp; trying to get out with min damage for example.The Big Accumulators know this. If they hold on to supply prices can mark up quicker.There is strong buying pressure .&nbsp;&nbsp; up trend since April 2016I suspect the BA will accumulate a few days more under $ 24Maye push prices down for a day or 2 to catch the tight stops and clean those upWatching&nbsp; for decreasing vol bars&nbsp; as supply from smaller sellers is absorbed by The big guys.Watching&nbsp; for&nbsp; bear bar shakeout before upthrust.Thanks for the comments</blockquote>

[QUOTE="Triple B, post: 963900, member: 72285"] Yep fair call.$ 24 may be the Hardest to break thru May test my patience this one. I did learn during paper trading to just be patient. $23.32 is break even including costs I expect a few days accumulation under $24 then stop loss /supply test before breakout. Why? The only supply will be from Holders at lower prices. There is no holders at higher prices . obviously. ie no weak sellers [supply pressure]trying to get out of the stock they bought for double the price 2 years ago trying to get out with min damage for example. The Big Accumulators know this. If they hold on to supply prices can mark up quicker. There is strong buying pressure . up trend since April 2016 I suspect the BA will accumulate a few days more under $ 24 Maye push prices down for a day or 2 to catch the tight stops and clean those up Watching for decreasing vol bars as supply from smaller sellers is absorbed by The big guys. Watching for bear bar shakeout before upthrust. Thanks for the comments [/QUOTE]

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