I have been silently watching here for about 2 weeks. I bought at the market open 7 7/16 the day it closed at 10 3/8. The next AM I watched it go above 11 and thought sell, buy on the pullback. Given the internets, I took my chances figuring why miss the ride: KTEL, BAMM, AMEN, etc.
Well, my TA thoughts, not the emotional wishes, is there is a breakaway gap below us that was never filled, around $5. I am not a rocket scientist (did take some astro engr classes though), but unless only rock-hard news will get us up, so to speak, strength does not exist to support us at $8.
This is in my ROTH, so no worries here mate. Just bought more this week, will continue to load up. Love the magazine.
R |