As long as the trend is moving upward, it doesn't really matter if it give back a little next week. But I really doubt it..
Next week, most of the banks are releasing outlooks for the first quarter, and it is going to be bad..I mean bad..
SKF will shoot up to 130+ by next week and 140+ in few weeks....
If you are waiting to buy at the dip, think again..you might see 118 as the dip for skf..the upside is tremendous. Remember, this stock was 140 few weeks ago..nothing has changed since then..All the news we have heard from the Fed are just BS..the fundamental issue has not been solved yet.