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Skullcandy, Inc. Message Board

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  • andrezen andrezen Nov 15, 2012 3:28 PM Flag

    I got out with a small

    What do you think onepoint? strange chart today... big up, or big down in the near future?

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    • I'm remote so I don't have my real-time platform, but just looking at the yahoo advanced intraday charts I don't see a lot of volume coming off the 8.71 TR. For a SOW or SOS you need both wide price range and heavy volume. The SOS at the close yesterday had both. This drop off of 8.71 did not have heavy volume.

      Yesterday there was a extreme low tick reading ($TICK on stockcharts) indicating capitulation. It would be nice to get another today or tomorrow but don't have to, sometimes one is enough.

      I don't think we've seen the last of 8.80. But that's what makes a market.

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