This is NOT a confirmed break out yet, do not think for one second Blythe is not shorting into this. I will have more info after the metals reports tonight. I repeat don't get excited, YET.
On the only hand if you do find yourself jumping in irrational exuberance, keep jumping...feels good doesn't it?? Anyone who took my strong BUY signal last week has gained over 15%, not bad.
Problems ahead: Rate hike out any second, and a reversal to the 'reverse head and shoulders' pattern to confirm more strength at the $29.50 bottom. The train may sail to $35 if these events do not play out (Captain obvious I know)
Just wanted to give a shout out to Blythe, Hi! (I'm laughing my ass off over here)
I just wanted to thank my sponsors for making this blog is what it is!