BREAK OUT OF A 4-MONTH BASE TO A 52-WEEK HIGH, HEAVY VOLUME!
I've never bought this stock before until today.
Some of us sat on the sidelines to wait for 15 1/4
before jumping in, because there were some failed breakouts
at 15 1/8 in the past.
I bought some shares today, got half of it spread out
at 15 3/16, 15 1/4, 15 3/8, and the rest at 16.
Sitting on 4 month base, this stock should have gone
to 16 1/2 - 17 by now, if the NASDAQ had a flat day,
which it didn't unfortunately.
I'm looking for $20 on this stock, but may be selling some
starting the $18-19 range if it stalls out.
Very nice graph.
We should do well as long as the NASDAQ and DOW can stabilize
for the next few days, but then again, I'm seeing people
selling into any kind of rally, such as the one today
triggered by the CPI.
=> THIS STOCK should NOT break back below 15,
unless the market totally collapses. |
