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Definitely not chasing now. Will watch for a healthy low volume pullback and then buy if volume picks back up. Don’t want to get caught in an all day fader after buying at the top. If I miss it, I miss it.
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Another pattern I’ve seen over the last couple of years is that you don’t want to buy a runner that is going up to highs into the open. You want to see if consolidate and even drop as traders take profits. Then it typically dips at open and rips if volume stays up.
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