Re: ITEC. STEEEADY MAN<<<< STEADY!!!!Not bad price movement, volume/price levels are possibly good for another ascent between now and 2pm or end of day buy spurt.
The intraday suggests it could go either way (i.e. not alot of volume momentum left, but not many sellers at cheaper prices,,,,)
My rule of thumb at this point would be to take half profits now, due to lack of large buying interest to support a much larger climb, and wait to pull trigger on rest until end of day or future activity. (Otherwise, you're going to be sitting on the edge of your seat all friggin day, lol)
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Volume just picked up again, hang tight!!
My take on it, as of 11:55am, is wait for any sign of volume backing off here and pull trigger (Especially if you have a daytrade acct. You can always buy back in again on pullback in next hour or two).
-If you don't have a daytrading account, you're on your own, lol. |
