You gotta look at a breakout like $RITE and see the whole base to appreciate the scale of this move which has begun. Mind you this is a monthly chart so this first breakout still has half a month to go. Now think about how much it can move within each of these monthly candles, which will feel like massive swings to people focused on the short term action, but on this scale it will be noise. On this scale, the moves up will be long and drawn out but also so will the corrections and consolidation. You shouldn't use the monthly to try to time flips or profit taking, the daily will be better for that, but use the monthly to make sure you're not selling yourself short in the grand scheme of things. I think taking partial profits into strength is generally a sound approach, but then after that you let however much of your position ride for the big picture. And you can always add back into dips too.
Congrats longs on a killer week, we've been waiting for this one for a minute. I don't know what the path higher will look like, but I know relatively speaking this looks to be just the warm up stage.
$rite is worth around .03 as it sits.
The fact its not there yet is just because people are broke, lost faith in the Otc, or they are mentally challenged.
Mostly challenged.
After evaluation, it could be worth .10-.22 or more if what we think is there is really there.