Neither of these charts are extended enough for me to be excited yet, but I’m throwing them on the watch in the case that they DO get more extreme to the upside without a pullback first. I want to make it VERY CLEAR that both of these charts probably offer great long opps if they retrace back to their recent breakout areas, so in NO WAY am I bearish on either name. If you zoom in on their intraday higher timeframes (30min/60min) you’ll notice that neither are really extended and in fact are trending VERY well. I would need to see that change and things to get much more parabolic before either name has my attention for that high-conviction fade.
