Hi Cube
Nice to hear from you again.
I had no idea that was going to be the top (temporarely). All I knew was that 20 should be the "mother of all resistance" as I posted about a week before the fact. When I saw 22 being bid before the opening of trading, yesterday, I thought I was gong to miss. But I always have my core position so I reassured myself.
Has not posted on this board the night before my intention to place a one day sell limit order at 19 15/16, I would not have dared tell the board that I sold at that price. It did seem for a moment that I could have caused the fact with my previous night's post. But, this is too ridiculous to even think about. I am only a very small player in the market and I am invested in about 10 different securities. But, it seems, my aging has not destroyed my intuition, not yet at least.
The stock is going through a consolidation phase, right now. I would have preferred (and I expected it) to close at 15 (or above) today, so as not to violate the support at 15. But, then, I think we had a gap to fill starting at 14 (or is it 13 1/2?). Maybe that is what we just did today. Anyway, I bought at the lows, today so I am keeping my fingers crossed for tomorrow.
Ghassan. |