| | | I would think we should wait until a new low is hit, one that is below the previous tracking low from the last time it was on reversal watch. Here's my current view and I welcome anyone's input on this, so feel free to add your 2 cents worth:
AKS has not made a new low below 4, which is still tracking in the 2017 portfolio at the bottom of this page. I hesitate to add a new entry for this same stock, mostly because it means I have to continuously watch and update each new low until it bounces back up 20% <g>.
If it breaks down below 4, then we have a new situation that probably deserves to be monitored for each new low it reaches. As we can see, it's up 15% since it last reached $4, even though it's fallen from the most recent high of $6.80 reached in mid-January.
Portfolio "Removed from Reversal Watch", Manager: The Ox
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