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Re: foxwoodsfan post# 42692

Wednesday, 07/30/2014 2:46:14 PM

Wednesday, July 30, 2014 2:46:14 PM

Post# of 47295
I know you've been involved with this stock for some time. The last chart I did for you called for the start of the retrace. And I found one done in 2013. But incase I haven't mentioned it before. BIOS are very emotional and normally need new catalysis to run. So you may need news to run all the way on the single bottom bounce play. I really do recommend trading any come back in & out. BIOS rarely climb, they tend to run/retrace big on emotion.

Ps here's the last chart I did for you showing to exit before the big retrace start mid June. If you posted today, you were damn happy about the pop. I guess you didn't sell. So if your not trading this up, but are hopping to get even. My plan would be selling some at each level reached. Cutting my losses, depending on where your holding at. Not holding for even which may not come. $40 previous high may need real good new news to be visited again. I personally would create a I'll settle plan, more then get even plan, if I held from above 30. Keep a close eye on volume support of every move higher. You really want to see investor phycology more the trader sentiment. And equal or larger volumes in each step up shows investment, and investment show continuation.


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