InvestorsHub Logo
Followers 58
Posts 813
Boards Moderated 0
Alias Born 12/03/2013

Re: tedgoeseast post# 10456

Friday, 06/27/2014 1:12:51 PM

Friday, June 27, 2014 1:12:51 PM

Post# of 14701
Take it as an opportunity to buy low than.

It's expected that a lot of people will want to exit their positions after that drop. Any offer on the bid is seen as an opportunity to exit a losing position.

That breakdown yesterday also made this a nice stock for flippers.

I still think this can run, but it needs to trade a bit longer. A close over the 200MA (.0169) would be ideal and could facilitate a run higher as it would make the daily chart look more bullish.

Join InvestorsHub

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.