Wow, what a nice run!!!I have no idea of how long to hold this stock.
Here's what IBD said about it today"On the upside, Gafisa (GFA) tacked on 1.27 to 40.59. The Brazilian home builder neared a 42.84 buy point of an 11-week base."In the IBD world, this is an A rated stock, second in its group, and it's listed in today's "Stocks on the Move", which gets peoples attention.The IBD folks raise cash during corrections, and buy breakouts during rallies.
I have the same feeling it looks like to the charts it will go down but their is a lot of talk about Brasil.