Post

I said $UNI was dead in the middle of its range and there was no trade. Three days later it's at 7.72, up 15% today and 135% on the month. Here's what I missed. It never lost 6.17, kept building above it, then blew through 6.83 on the heaviest volume in weeks. The base was doing its work while I was calling it chop. Sitting out a range is fine. Not noticing when it resolves is the expensive part. 7.817 is the high. That's the level now. Did you have this one on?