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ZAGG Inc Message Board

  • sandyeggojake sandyeggojake Feb 7, 2013 2:15 PM Flag

    $ZAGG 2/6: technicals. Our read; healing but still weak.

    We were on techncial BUY-IF on Feb 5th & 6th, but even with the news coverage, failed to retake the $7 mark. And now that daily buy if signal is null and void. As such, with the lower day low (2/7), looking more like a bear pull back, so would not be suprised to see $6.48 retested and see it probed for stop losses.

    We hold a small core of $ZAGG after our trading tranches were stop lossed. Looking to re-add these trading tranches ... but not today. A close over $7 with increased volume? Perhaps. After a bounce off $6.48 with a close above $6.54, even better.

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7.30+0.31(+4.43%)Aug 23 4:00 PMEDT