The uptrend continues with good evidence of profit-taking consistently working along the way. Numerous stocks show backing and filling at some point during a trading day but then continue toward the high end of the range going into the close. This provides a healthy uptrend without evidence of exuberance. The strong patterns continue to work effectively.
October 22nd Daily Market Comments
The uptrend continues with good evidence of profit-taking consistently working along the way. Numerous stocks show backing and filling at some point during a trading day but then continue toward the high end of the range going into the close. This provides a healthy uptrend without evidence of exuberance. The strong patterns continue to work effectively.