<<<How many times can I trade IFLO between 3 5/8 and 4, before
we finally break out and go over 5! LOL>>>
You could have done it on Dec 22nd, Dec23rd, Dec 28, Dec 30, Jan3rd,
Jan10, Jan11, Jan12(Got as H a 4 1/16), Jan13( H was 4 1/32), Jan18(H 4 1/32),
Jan19, Jan20, Jan21, Jan 24, & almost today (H was only 3 31/32)
However if you look at the daily chart, you can see the RSI has been gradually improving since January 10.
The highest intra-day volume today at 9.45AM (11,000 shares) was on an up-tick (from 3.687 to 3.843) (3 11/16 to 3 27/32)
The stock seems ready to go over the Jan12 H of 4 1/16 and test the November 26 H of 4 1/2, then the Oct11 H of 4 15/16.
I remain long and hopeful. Ready to increase position when the up-trend resumes.
Good luck.
Bernard |
