I think any time under the 50 day is a major buying opp. The secondary thing may or may not cause it to hang around the 50 a bit longer than it would have, but doesn't change the 3 month outlook IMO. It was up 122% from the oct low, it's come back down 18% to the 50 day...I don't see that as a major issue but could be wrong. I'm going to buy all I can below the 50 before the run to 25+.
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.