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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (6508)5/5/2014 11:30:31 AM
From: Andrew~Respond to of 202399
 
NB-V that's a cracking chart, I wonder if this morning's gap will close or if it will turn out to be an exhaustion gap? Very overbought (RSI: 94%) and other indicators pretty maxed out but it could still motor on. If it retraces/consolidates from here then it has formed a 3 years 2 months cup with the right side of the cup a little higher than the left side.



To: Goose94 who wrote (6508)5/6/2014 9:02:11 AM
From: Dav!dRead Replies (1) | Respond to of 202399
 
NB: sold most of my shares at $0.77 to lock in some profits. I will hold 40k shares for now. Looking to buy back my shares if it drops back to $0.50's.

It appears it has gotten ahead of itself. I still believe it is headed for $1. A pullback is expected though.

Good luck trading.

David.


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