Feb. 20 at 5:30 PM
$RLAIF GM Well, right back to the 12ema like I said and expected. It was overbot, out of the top BBand for 4 days. That's a lot. 5th day it gap open and that was it. Had to cool of and it did. Stoch moved down from the peak over 80. MACD really held strong. And vol decreased a lot. Bull flag forming. Nice pull back. So as always now what? I see this drifting along for a while until there is something that happens. Does not have to be a pr, but that is most likely. Remember, unless the pr is typically about Earnings, they don't move the needle. But cha do get a knee jerk reaction. Watch other stock pr's and see.
Back to the MACD, love it. As long as it stays above the MA, we can move on up slowly. Just broke the 5ema today, watch for a move back above. That's the signal it wants to go higher. The 50ema is just below. We'd have to break the 0-line to loose that. Don't see that happening.
Ball is back in managements court. Wadda ya got for us. Make it good.
