perfectly healthy and normal for a stock to retrace in fact if...

perfectly healthy and normal for a stock to retrace in fact if it doesn't then you are going to have a really big problem on your hands if you wake up to the dow down 700 points or other event news etc

no stocks can go up and up and up especially being a distance from support - and pro/technical traders won't enter anyway at an extended level from any support areas most often

PEK chart is a prime example from this week or last week or whatever it was