i'm very conflicted here.
my gut instinct is to short the shit out of this thing. the chart is a little scary to short as the old 'there is no such thing as a triple top' truism keeps going thru my head.
on the other hand, it's *somewhat* st overbought and is this really the setup to blow thru resist to sustainable new highs?
i just wish i had that rose coloured glasses prescription that everyone seems to be using, because i just don't get it.
one thing is for sure- in such instances, i am almost always right and almost always early (ok, ALWAYS early!!!).
have had a short order twice so far today that i chickened out of (both would have been executed). like i said, conflicted....