multiple 3-year resistances in the 16.60-18.10 area. Better to sell now and
wait to see if it is capable of clearing these multi-year resistance points
before buying again. Seriously. Big money analysts only say 15-17 so
their targets are reached. No bias, just the facts.
I don't think I have ever had a better long than this. The only bad part is that it never pulled back so I could buy more. I love shorting things, but no thanks. ACH is blowing out as well now. Could the stock take a rest, sure, but then what? Am I selling this and hoping that it goes to 12? No thanks "Big Money Analysts" have never made me money other than Chuck Phillips perhaps.
guys this is just the truth. pull up a 4 year or just click on market pulse and see chart posted by flipper. the disciplined will sell and wait for lower entry, or at least sell and wait to see if these hurdles which have held for years can be converted before holding stock again. that's just the truth and the overall market is at resistance also.