For the most part I think reading charts is like reading tea leaves for penny stocks..BUT...when you start to get into the dollars with volume and institutional involved...the game changes. As many have pointed out hft programs run alot of trading nowadays, which means our chart must have them drooling all over their motherboards.....there's a mother joke in there somewhere, but not appropriate for this forum.....anyway, check out the bollinger bands moving apart again as well as the macd moving up again all together with the increase of volume and price means.......the trend continues!

MC