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Four-category score, on a four-point scale; passing is three points


$SKHY Now 141.41; I'll go through each item one by one
Volume: 783k contracts, average volume 579k; 1.32x over 21 minutes, one point
Structure: 133.64, 137.05, 138.35, 140.77; lows are rising, one point
Position: touched 142.94, closed at 141.41; upper wick of 1.53, overhead pressure, zero points
Timing: 07:00 to 08:21, three bucks, completed in 81 minutes, zero points
Two points. Passing is three, and one point short is still one point short
Same principle as taking a driving test: even one point short means paying to take it again
If you're really bullish, wait for it to close back above 142.94
At this level, I'm sitting tight; the MA20 at 137.66 is still beneath my feet
If it breaks 137.66, that's another matter
(Not investment advice; trade at your own risk)
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SKHYSKHY+0.86%

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