I like buying at 18.50 Then 17.80 and finally 17.15. I would buy in 1/4's with the last 1/2 coming in at 17.15 which is a fibb cluster as well as the 200 day ema.
I really like the price action here. Very bullish on the stock.
If looking to trade around a core I'm looking to exit half the trading position at 24 and let the other half run to 26 assuming the above gets filled. Good luck longs..
0% (b) 20.6
100% (a) 15.03
Buffy, that was a great post and value to the board.
The retracements haven't been a lot of fun. The extensions, now those I am looking forward to. How long do you think it will take to take out the 61.8 at $24.04? My guess is Tuesday, March 11!
I imagine you might get the next 1/4 at 17.80. But remember the Thailin buyback was at 17.79. I would think that this management, despite being inept at buybacks and carrying the albatross of a boatload of lawyers, could manage a buyback at prices below 17.79.
Good luck to the longs.
Well the currency scare and apple's earnings disappointment are weighing on most and a few tech stocks (such as tqnt and gtat) a bit. Don't like the idea of buying imos in the 14-17.5 range where I came in let alone in the 17-19 range where you are. Think the last really good buying opportunity was in the middle of last March when it was running between 10.3 and 10.5 or so. It has not traded as high as 22 in at least 5 years now so am looking to exit somewhat lower and gradually all the way from 16 - 22 to a great extent and then more in the 22 - 25 range if it does take off this May.