Wednesday, February 17, 2016 12:00:32 AM
maybe it might pullback some
maybe all the way back around the 20day/av
will be looking for a spot somewhere like that
though of course maybe no pullback at all
might play 2 positions either way for the better chance
some indies > http://stockcharts.com/h-sc/ui?s=BEBE&p=D&yr=0&mn=3&dy=0&id=p83661130772
http://stockcharts.com/h-sc/ui?s=BEBE&p=D&yr=0&mn=6&dy=0&id=p45199344368
in my view the indicators look pretty good / been watching them shape up for a while
share price now on the top side of the 20day .. so maybe increasing uptrending could happen once it breaks resistance of the Top Band at .44 where its at now .. (though the 50day at .47 would be next resistance soon after)
so again .. likely a pullback first to the Mid Band/20day/av before rebounding back for 'maybe' continuing a run into the pivots where the bulls are supposed to pick up their pace .. although of course .. maybe not
and of course .. there's more to it than indies .. yet for me ... indicators are the best indicators to look at .. can't think of too many others .. haha
the rest is just fundies .. and they're all cut and dry right off at first glance .. and then even likely to be a 'stretch'.. ta say the least .. so after a quick once over thats it for them for me
price action shown more by indies and L2 more than anything is where its at .. product lines don't determine day by day share price action the way i see it
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