Profit-taking Today can be expected after the strong price move of yesterday. But this continues to demonstrate that although bearish investor sentiment has been diminished, bullish investor sentiment is not necessarily strong enough to produce a strong bullish uptrend. The nature of the market still reveals an indecisive trading mode albeit slightly positive. This is providing good profitable opportunities in chart set ups that are revealing bullish trends without apprehension of any bearish sentiment in the market. Continue to utilize the J-hook patterns and fry pan bottom breakouts. The lithium mining stocks are showing good buy signals today.
March 2nd Daily Market Comments
Profit-taking Today can be expected after the strong price move of yesterday. But this continues to demonstrate that although bearish investor sentiment has been diminished, bullish investor sentiment is not necessarily strong enough to produce a strong bullish uptrend. The nature of the market still reveals an indecisive trading mode albeit slightly positive. This is providing good profitable opportunities in chart set ups that are revealing bullish trends without apprehension of any bearish sentiment in the market. Continue to utilize the J-hook patterns and fry pan bottom breakouts. The lithium mining stocks are showing good buy signals today.