A pattern that was set in motion, back in 11.15.2013, via a strong impulse leg, laid the foundation of ceiling resistance at approx. 293.
This week's recent thrust beyond 300 completes a lesser pattern, which began in December at approx. 180.
With perfect hindsight, we may look back on this new target high of approx. 350 as having marked the apex of investor folly. For now, though, all signs still point higher.
This week's recent thrust beyond 300 completes a lesser pattern, which began in December at approx. 180.
With perfect hindsight, we may look back on this new target high of approx. 350 as having marked the apex of investor folly. For now, though, all signs still point higher.