< but very short term, may be rough from 22 >
< while other similarly positioned issues are not doing so >
as expected, an expected nice pullback....hey, if it can pull back some more, UTR may shape up yet again for us....but is unlikely to fall below 17. S.T., so will still certainly be watching for another opp. to get in....best wishes to all...
remember, I am primarily, where suitable, an Options guy, always Only, diversified, L.T., in-the-money... but I have tended to "take" the "quicker gains near S.T. resistance" when I get them (which has been pretty often, as you know....wish I could guarantee future, but cannot), buying only truly very depressed good issues near lows, in saucers, etc. With options one must learn to take the "initial rise" to S.T. resistance, most times...as is prudent...as with UTR....but longer-term equity holders, can , of course, await a pot. break above 22, for more ? we shall see....glad I have been of help...often, the longer the base, the bigger the rise eventually....best wishes, |
