$PI $PI Don't chase highs: I originally planned to write this before 8 o'clock, but I actually made the judgment a few days ago. After thinking about it, I decided to wait for the daily close at 8 o'clock to write. A few days ago, I mentioned that this kind of daily chart pattern makes a big surge unlikely, and since the weekly moving averages are all together and the daily lacks sufficient momentum, the weekly space can't be opened up. Look at the 5-day moving average on the daily chart below; it has already started to turn downward. The 5-day moving average is the attack line.