Low Volume. However, PUKES keep trying to keep it down. They throw out huge ask blocks around key levels ($5.40). I will say one thing if we EVER break the PUKES BACKS (and we might) and break $5.50 this stock may run for awhile. Truly, if they ever have to play the LONG SIDE (and they will take the path of least resistance and so far it has been to play downward trends on every spike up) on a spike up we would run like a #$%$ being chased by the police !!!
I would love to see that......it has been a ridiculous fight upward but I feel we are close to turning the tide.......they tried to take us down the last two days and it was met with buying so I believe we are close IMHO !!!
We have probably 3 more hurdles ($5.40 they have tried to make a stand yesterday and today) and we know $5.45 is important and then $5.50 and then I believe we have "turned the tide temporarily" and we should be good for a nice little run.......who knows how far we go........you never know and that is probably the only thing we can all agree on.......they could take us to $6 or even $7 we have all seen it before and we are due for a nice run !!!!
Earnings were good, guidance was good and we just need a little help from MR. MARKET next week and we may have a really nice week for once !!!
Specs break-out prediction might come true Monday........lets hope for a solid close over $5.40 !!
Can you give us guidance on the support price at this time? I would hope that support would be at least $5.30 at this time. Who knows maybe institutions might find out who RFMD is. Maybe the APPL and SWKS pension funds will load up on RFMD.
Support is what the PUKES want it to be. In my opinion, next week tells the story......it is either the same MANIPULATED RFMD as it was before earnings (like I suspect but hope I am wrong) or we finally get the new high we deserve and run from there. Again, in my opinion $5.45 should provide some support if we break the new high.............old resistance should become new support but with this stock who knows !!!