InvestorsHub Logo
Followers 290
Posts 84873
Boards Moderated 63
Alias Born 02/06/2005

Re: None

Tuesday, 08/09/2016 11:13:47 AM

Tuesday, August 09, 2016 11:13:47 AM

Post# of 173712
IRT

Sold out of my IRT today, originally started buying in the 9's and then kept adding lower. Meanwhile we had over a year and 1/2 of divy in this trade. Stock has had a huge run from the lows of the year it was in the 6's, and ran over $2 from the lows of late june. The RSI is 75, and where it really shows it is over brought is the MACD, man has that gone parabolic. Feel like the stock is starting to get toppy would love to buy it back on weakness say sub $9 maybe. I feel FV is around $10.50, just not enough upside to hold considering over brought conditions at this point. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.