InvestorsHub Logo
Followers 52
Posts 10683
Boards Moderated 1
Alias Born 01/29/2005

Re: jeslookin post# 17827

Friday, 08/29/2014 8:14:57 AM

Friday, August 29, 2014 8:14:57 AM

Post# of 21090
Looks like a near term short though, with a watch list to buy on any real dip taking the RSI, stochastics, etc down to contrarian buy levels. A shock to the whole market may be the only thing to take a hot stock like that down.

In the case of HDY, buying that chart is a good way to lose 90% of your investment ... HDY being more like an option without an expiration, no true fundamentals in terms of earnings anywhere in sight...