DaBoyz turned timid Monday night, unwilling to bet that Friday’s short squeeze had enough power to continue into a new week. I’m betting the squeeze resumes within a day or two, although I doubt that it will unfold this morning. Regardless, camouflageurs contemplating aggressive play should take note of the three external peaks that I’ve labeled in the accompanying chart, since they could provide a perfect set-up for exploiting the fear, chaos and greed of traders who do not understand the difference between a double-top and an impulse leg.
