my "PSYCLE sm" recently "bought" GST around $ 7.00, in a special "depressed triple bottom" formation....now up to it's first resistance, it's 200 day MA at 9.00 ....when/if it can break above 9.00, projects "only" up to the 10-11., area, absent any major news/stuff....also, has lots of resistance likely above there, so best wishes to all, but, further "huge" rise from here is somewhat unlikely, but it would/will be a nice S.T. gain, on margin, from, say, 7, to 10-11....decent....
FYI, another "depressed commun. ind. stock", with a "PSYCLE sm" pattern possibly beginning to form up ahead, similar to GST when it was @ 7.00, and therefore worth watching, is Comforce (CFS) near
$ 4.00 only, also on the amex, with a close stop below there, in a diversified portfolio ....check out it's new "thread" on S.I.,
we shall see.... I am 90 % a "technical/psyhological historical pattern guy", and have done very well buying low in such patterns, over time, with stops, and no emotional ties to any "stories", etc. |
