Eagle..Not trying to rain on your parade for I am thrilled for you and hope it soars. I just have noticed this with my own trading; sometimes things just fly, then the next morning the news is that they are increasing shares or something like that to bring the stock down. As I said, use your own good judgement for no one knows where the stock is going, but if you have a good profit, be sure you do what is needed to keep it. As I said, never hurts to take profits. Yes, you might miss out on making more, but let's face it, as the stock goes higher on a big run your chances for making a big % on it don't increase, they decrease for we're never sure where the end will be.
Now, don't find me and hurt me if I'm wrong.:)
Here's what I'd look for to see if move will continue up. Watch volume and make sure volume is strong and that move up isn't on smaller amount of shares. I use the raw data feed with QuoteTracker. It seems to help me for I can see the trades going through. You want larger blocks of trades, not 100-200 shares. I'm seeing big blocks right now on STTK. If it starts trading wildly as the stock goes up, yes, would say the 1.35 is doable for often times there is a big flurish at the top where the stock runs wild. Let's hope that's today and you're in.:) It does look incredibly strong and what I've liked about it is that it has gone up steadily. Gooooooooooooooooooooooooo to 1.35.:) Now, let me say no target number is set in stone, so just because that's a target doesn't mean it can't stop before that. Wowsa..new HOD. You are hot!
Lexi |
