some of the technical indicators look pretty good. I'd like to see a pass and hold of the 50 MA. BB are looking ripe for a possible break, and rsi looks good as well. I'm back in this one with a starter position, and will add on any pull backs from here.
I believe the sellers over the last few days are mostly shorts, so who knows when they stop and cover. I believe any retail sellers would have left the day of or day after the quarterly came out. I decided to pick up shares here again at the end of last week.
Well thank you karen, that is a very nice and classy thing to say. I actually have played this short and long at different times for trades, but when I first noticed the stock felt it was due for a pull back, after moving up so far so fast. I wish you and the others that have posted with class all the best. I'll keep this one on my watch list, and will check in now and again. Take care.
not sure which one, but you seem to have a good idea of what is going on here. I'll keep watching to see where the bottom may be.
picked up some shares this morning. Stock finally moved above and held the 50 MA yesterday and will now hopefully take off in a northerly direction :)
Currently it is 4.42. It may find support before that point but if it doesn't watch to see if that area holds.
when it finally finds bottom and holds I may buy it for a flip. I'm looking to see what it does if it reaches the 200 MA on the daily chart.
you tell it like it is and get called names for it. Hilarious the way the few leftover pumpers here criticize the truth. Is that 3 down days in a row when the rest of the mkt was green? At least some of the really childish pumpers moved on finally. If this goes down close to the 200 MA I may play this again for a quick bounce if it holds there or close to it.
a close above the 50 MA will bring more eyes to this one. I may pick up some share if that happens.
I currently have about 40 stocks on my watch list and there isn't a single one that Thomson-Reuters gives a positive rating to. They are all negative or neutral. Does that really mean anything at all, as far as the ability to make $ on any of those 40 stocks? I'd say no it doesn't.
we will have some flippers that caught the bottom to work through, but if the shares move to stronger hands then we may be good to go soon. I like how this is starting to trade and hope it continues.