RT: Stocks Don't Go Straight Up Without Pull backs
in general, I agree with your assessment. However, it's not easy to say when a stock is due for a pull-back, especially when the underlying value is so much higher.
Just a few weeks ago, when the stock was at $1.40, this chat board was buzzing with predictions of pullbacks to $1.30 vs $1.20 vs a consolidation. None of the three proved correct as the stock just kept moving higher.
Who knows what happens this time around, but I'm happy to stick it out.
Agreed. Just to note, looking at the long term chart the steady climb is somewhat accelerating over the last week and a half, looking better than ever. I don't think we'll see a pullback of any saverity till we get closer to $3.00 a share. Good day.