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Wednesday, September 28, 2016 6:10:50 PM
Today's move backs up my DD that it was a good potential trade in short term and that the drop in recent days is mainly attributed to market indexes re-balancing (by removing GLF; Selling it).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125429755
Since yesterday I had it on my top 3 Watch List for next trades, but I hesitated too long, and hence failed to enter & alert it this morning.
There was a nice short squeeze from lows this morning that made near 20% for the savvy & aggressive trader, if entered yesterday or early this morning.
We'll see what happens yet going forward.
It seems set up for a reversal higher yet toward 2.00 area perhaps.
I won't chase it above 1.55-1.60, as that's not my style. If it pulls back i'll consider it yet.
Otherwise, I've got plenty of other options I'm looking at.
(I just sold MOBL this morning after a hold for one week)
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