We have seen the stock trade within 95-100 for 5 days. On technical world, it called resistance and support level. We are going to enter the amazing split run this week with a lot of up side, even without news. With news, the stock would be on fire.
There is some one guess that stock would be around 108-110 by Thanksgiving? Yes, it would be there, if the entire market did not show any major profit talking. If, in worst case, it did, the stock may just tank as any other stock.
For now, I long only 500 share and have very high hope on 10% return on this guy within this week. Most of my money sitting on the sideline and wait. Pick your entry point careful and short if the market start to show major profit talking. Momentum still very strong on the Tech sector, but since Nasdaq is already 50% this year, everything could turn nasty easily.
Happy trading and you may just see 105-108 by Monday!!