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Hugging the trendline, then surging yet again

Image added via SlopeCharts


Deadcatsbounce 2025Deadcatsbounce 2025
It hasn't given a sell signal yet. The short covering rallies is what keeps it going higher. 
How high is too high?  
When no one is willing to pay the price and not before, no matter how high the price level. 1/9/21