Yeah, this was the day I was looking for last week, 50c up on no news. Thought it would happen in the 9's, not the 8's. I wanted to double down at 8.15, but resisted because the whole tape has been so awful. I planned to do so about 7.70, and will if it gets there.
No volume since the earnings release so I am still chalking this drift down to lack of buyers and shorts dragging it down. No fundamental reason. We get an up volume day here soon and this could really move, make take earnings to do so.
Yeah, I think it's definetly going to take earnings to do it...The move today was very big percentage wise but the volume wasn't as heavy as it should have been...UCTT even outperformed the semi sector today which is remarkable, given the fact that it's been performing so poorly over the past month