This has risen 24% today from a pullback on very high volume. Tempting to put in a limit order incase it flits down to near the breakout level after such s strong upward move. I've had sucess with this sort of move before. However, the volatility makes me somewhat nervous. Looking at the 2 year chart or longer you can see that this stock moves on a sort of staircase, it has a series of breakout moves followed by protracted sideways / downward moves. So very good chance of being stuck with a loss for a long time unless you get in at a very good price.
Clarification, these charts are based on end of day data, so don't show today's move.
$SI forming its 1st Base since the weekly Stage 2A breakout in October, and forming a classic #Wyckoff structure in the base. If you zoom in to the 2hr chart you can see a Sign of Strength following a strong Wyckoff Spring.
Potential for continuation attempt
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
