posted
Making a move probably only because of the overall move of the Market today... considering the Dow was up 128 points... one up day does not make a uptrend... you need confirmation before you consider it as such... Resistance is $1.50 for now...
-------------------- Money Never Sleeps Pal.
Greed, for the lack of a better word is GOOD. Posts: 3317 | Registered: Mar 2004
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quote:Originally posted by Jo4321: dead cat bounce ?
Could be, although most of the technical indicators look like it should go up. If it breaks 1.50 today we could be off to the races. Is there something wrong with the company were not seeing? Management looks pretty good and there are popular products being distributed. Some suggestions of shorting, I guess that could bring it down especially with no news. Play short term until they start the Trump push.IMO
-------------------- Let's Go METS!!! Posts: 1528 | From: CT | Registered: Dec 2006
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I added a Histogram MACD indicator to this chart (at top) a good little simple trick is to sell when you get your first shorter momentum bar, -back test this to see that it worked on both run ups. You are still looking good here IMO