We need break $5 to make a decent run. It has hit this level 3 times in last 9 days, but has been unable to break..
BWAY (#2 ASP) is up 11/16..They are picking up steam.. That is what I hope is happening here..All it takes is a little excitement for the ASP sector and a positive market, and we could easily run. Only about 12 Million shares have traded below the IPO level. While about 32 MILLIOn have been traded above IPO level, and about 19 Million of that was at above $17.. People want to see a run. Profit taking at this point is pretty much a non-issue. So if this one decides to make a break for it, we should meet little resistence.
Right now market is still trying to decide if it is going to run..We need a positive NASDQ today and Monday, and I think most peoples fears will start to fade... Good luck all..