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Sounds about right....some profit taking after a break out...
There is nothing wrong with being bullish and if you are so inclined to take profits; if is your right as an investor/trader. After yesterdays run up you had to think that some kind of profit taking was going to happen and today that is what occurred. The fact that we ended very close to our open is quite impressive as the buyers were once again jumping back in after the profit taking session. That too is bullish. So remember that volume is the tell tail signal that supports any movement. Below is a couple of indicators on GNH and those same indicators.