A short post on a quick trade I took this a.m. I entered on the short side. I took this trade right at the open (something I rarely do), the chart posted is a weekly view.
Now maybe they (institution's) will be assessing the fundamental's on this stock and feel its worth more than it has been at its peaks during the past 7 years and will break it out.
However the chart show's a clear level which the seller's seem to be comfortable booking profit's at and feel it's fully valued.
I like your analysis, its to bad more people have not caught on to your site. Keep up the good work.
ReplyDeleteThanks for your input. I guess you have to start the hard way.
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