Keith, I do not have good news, I see major distribution here above $26, OBV and RSI weakening, and while MACD has not turned negative yet, it is on its way, like you, I expect at least a short term retest of the $21 area, then a bounce back to around $26 or so, before we go back and retest the $17/19 area, where once more, I think it will be a great buy. As I mentioned here before, for long termers, this is about 50% of what this stock will fetch by next April, so you may not want to play these fluctuations.
Zeev |
