We are here to learn momentum investing and technical analysis wherever possible. It’s beyond the scope of this thread to give advice on whether to buy or sell, as I am not a registered advisor.
Whenever a stock breaks through all time highs, it can either go up another 20-30-50% and cool off, or consolidate in some form, usually triangular form for a few weeks, or months and then move up, or correct from those levels and consolidate and maybe sometimes form something like a cup and handle formation… So we have to observe and take a call. I don’t have any positions, so not biased either ways. Chart posted merely for academic purposes especially to see how stocks that have cleared ATH behave.
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