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Re: tokelley post# 59712

Friday, 02/13/2015 9:59:09 PM

Friday, February 13, 2015 9:59:09 PM

Post# of 111925
I don't think it's a good idea to be 100% out of this stock considering what could be coming, but for me (not to be redundant) breaking above the downtrend line and the 50 day ma will be key. If done on volume then I definitely would not want to be out of it. For now the channel is so beautiful that I believe anyone following TA would be selling as it hit the middle Bollinger band (.0020) or above that the trendline (near .0025). I think that is what has been keeping a lid on it. The middle Bollinger band has provided a stop to 8 out of the last 10 rallies in the last eight months and we have literally never touched the 50 day ma in the last 8 months.