Good Morning Biomanbaba, Nothing really stands

Good Morning Biomanbaba,

Nothing really stands out with any possible negative items. As I mentioned yesterday, the MACDs still need some work. In yesterday's trading, I saw a lot of churning. No doubt someone is accumulating but someone also had a lot of shares to sell. That can be seen in the flat to slightly declining AD line. Again, technically speaking, the stock was extremely overbought in late December. A couple of other posters here also mentioned the RSI as being unsustainable in the high 90s. I also mentioned that two consecutive days of seeing the two candles completely outside the upper bollies. That situation always corrects itself. The questions that following and what every tech trader tries to figure out is what kind of retracing will occur as the stock always comes back within the bollie bands, and when might another short term bottom be in? I'm still in the undecided camp even though I added a few at 2.00 this week based on fundamentals. When the chart begins screaming at me to buy aggressively, I'll let you all know. Sometimes I'm right, lol.