HON That volume bar is not retail buyers. I like to see it clear the consolidation area and then come back to retest.
Howerver, with that volume I am tempted to take a starter position and add if it pulls back some.
Howerver, with that volume I am tempted to take a starter position and add if it pulls back some.
Comment:
Nice push. Expect a pull back soon as it just hit the 618 extension. If your not in it already may be a good time enter.
Comment:
Got the pull back as expected. Tested the support area nicely. Good chance for a run at all time highs.