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S&P 500
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US TECH 100
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THREE-DAY-TRADER

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THREE-DAY-TRADER

Re: Beave post# 126

Thursday, 04/14/2016 10:33:13 AM

Thursday, April 14, 2016 10:33:13 AM

Post# of 19526
It's fresh off of the news yesterday yet, so normal to have some bid support yet. Wait till the news wears off more, then the stock's direction will reveal itself one way or another.

I just think likelihood here is a typical scenario of a short term pop on news and resulting short cover, and later a downtrend likely to continue like I said April 13:
"A news item today in combination with a forced short cover rally may mean this pop today isn't sustainable for long"

GLTU on it, however.


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