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Message: 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.

Volume Indicators
20 Day Avg Vol 865,379
Today / 20 Day Avg Vol ABOVE
150 Day Avg Vol 776,713
Today / 150 Day Avg Vol ABOVE
Abnormal Volume NO
William Volume Accumulation bullish
Volume Price Trend bullish
Momentum Indicators
10 Day Trend bullish
40 Day Trend bullish
100 Day Trend bullish
Stochastics neutral
RSI neutral
MACD bullish
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