InvestorsHub Logo
Followers 32
Posts 1849
Boards Moderated 0
Alias Born 02/11/2013

Re: mariosmack post# 106577

Saturday, 07/29/2017 7:40:58 AM

Saturday, July 29, 2017 7:40:58 AM

Post# of 203913
This stock does not trade fully on technicals. It seems to trade on fundamentals of which industry and company specific news gives it power or momentum..

I have watched it since its big run and actually got a long position Late Friday.. I did this because it is technically oversold and fundamentally has big news on the horizon.
I think you nibble a part of a good position and hang on. Some morning pretty soon many will be chasing this but it is obvious the last few days many got frustrated from waiting and got out...
To me.. That is time for entry.. The spike will reoccur in time so why wait and chase. The summer dull trading days are a great position building opportunity.