kind of depends on you - I took some initial profits on the pop
late last week and Monday so I'm OK giving some room - could be
different for you.
right now it has a lot of MA's piled up here, short term the 9
EMA, 20 SMA and 200 SMA, I would like to see it hold those.
the 50 SMA is below as well, but it's down around a buck -
not sure if you want to give it that room. For me I would
like to see it hold the 1.24 recent low area and I want to see
volume come into it, if volume starts to come into it I will add to
position
kind of depends on you
PPHM keep an eye on
Posted by matt on 4th of Jan 2013 at 12:10 pm
kind of depends on you - I took some initial profits on the pop late last week and Monday so I'm OK giving some room - could be different for you.
right now it has a lot of MA's piled up here, short term the 9 EMA, 20 SMA and 200 SMA, I would like to see it hold those. the 50 SMA is below as well, but it's down around a buck - not sure if you want to give it that room. For me I would like to see it hold the 1.24 recent low area and I want to see volume come into it, if volume starts to come into it I will add to position
Did something similar....
Posted by RichieD on 4th of Jan 2013 at 12:24 pm
Bought in @ $1.21 early December, sold entire position @$1.36, then re-bought @ $1.22 several days ago.