AI
Monday, November 24, 2014 2:06:31 PM
In the trader role, I am nimble; so, decisions can be made quickly.
Taking the CTIX trade in context, it is due for a run. Maybe back to the high ($3.50)? Lower, higher, time and the trade will judge.
I still like this move to end higher, so I am not inclined to sell. Especially with good volume. Little downs will not change my opinion, I tend not to be shaken out of my positions too quickly.
I already have a 10% cushion, nice to get in near the lows. Also will add to my position, if warranted. Added, near the open this morning.
Just a possibility, but CTIX could make another big (25-100%) move with the right catalysts. And, it is a possibility news could be forthcoming within months.
I bought on the technical, and things are looking bullish.
Taking the CTIX trade in context, it is due for a run. Maybe back to the high ($3.50)? Lower, higher, time and the trade will judge.
I still like this move to end higher, so I am not inclined to sell. Especially with good volume. Little downs will not change my opinion, I tend not to be shaken out of my positions too quickly.
I already have a 10% cushion, nice to get in near the lows. Also will add to my position, if warranted. Added, near the open this morning.
Just a possibility, but CTIX could make another big (25-100%) move with the right catalysts. And, it is a possibility news could be forthcoming within months.
I bought on the technical, and things are looking bullish.
