I suppose. Actually, SEG is behaving very normal these days. SEG is always quick to lose its gains, and this recent run up is no different except that SEG was a tad slower to lose the gain. No big deal. Read the chart. Dumb and simple. Goes up. Goes down. Goes up. Goes down. Goes up ... wait, have you got it? Get my drift? Should I paraphrase? But overall, SEG slowly, ever so slowly migrates upward, which we should expect because the disk makers are slowly, ever so slowly coming out of the dumps. I would day-trade this stock but I only have 100 shares (big spender!!!)
Go to iqc.com and ask for SEG, 180 days, Candlestick chart, Bollinger bands. Note that SEG could easily fall to 23+7/8 on a bad day, or in a worst case scenario it could bust through the lower bollinger band to 22.5! (Big Deal). I REPEAT, BIG DEAL. SO WHAT. WHO CARES. Lock your stock and forget it. SEG will give very slow but predictable gains. On the other hand, if you have more than my measly 100 shares then daytrade whenever SEG is at the top of the Bollinger band ... it WILL return. SEG always does. It likes falling flat on its face. |
