It hit a 12 month high at a measly 12.20 on 1/07/13. On 1/18/13 it hit a recent low of 11.02 for a 10% retracement. If you did not cover that day you missed your opportunity. This is the 2nd day of a new leg up to the 13-14 range. You will likely get a chance to cover in the 11.90-11.98 range the lows from the past 7 trading days. You will not get your dream 10.50 price without a " MAJOR " market pullback.
Exactly. You just had a "correction" (such a silly term) from the 52 week high all way down to 11.14 less than 3 weeks ago. As for the entire market, that is a different story. Maybe you'll get lucky. Maybe not.