Here's a test. Above is a "before" chart and beneath that is an "after" chart. Now keep in mind there were a lot of additional factors besides just the chart that helped me make my decision.... But...Based on the above chart, which direction would you be looking for GGB to move: UP, DOWN or SIDEWAYS?
I was looking for it to go up; but I have to admit that I didn't think it was going to move like it did. What's even better is that volume has been relatively high confirming the move. Now I just have to lock in the gains and make sure I don't lose any of what I gained...
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