John,
NRVH. If I was holding it I would be concerned. The lack of volume on this latest little pop up would cause pause in my mind. Further, it keeps bouncing off of 33, but refuses to crank up much past 36. Personally, I think regardless of fundamentals, this one is heading lower. I don't know why, but maybe people are fearing higher interest rates which could limit purchases of RV's. I am sure you will find out the story, after the stock has dropped. In any event if it breaks 30 on good volume, make sure you are out as it will drop a lot more than that then. However, for now, I see 30.
Anyone else? Ideas? What am I missing?
tscn.com
-Scott |
