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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (11649)	8/4/2021 3:49:41 PM
From: Rarebird	Read Replies (2) \| Respond to of 26251

There is no indication of a top in SIMO, no reason that it can't move considerably higher. Not saying that it will. But this may only represent the early stages of a parabolic blow off. If I was long SIMO over the past week, I wouldn't be selling it outside of taking some profits perhaps. That depends on your mindset and feel for the stock. Some might add to their long position as the stock rises.That's what momentum players do. There's nice money in that. I do that sometimes.