Sunday, June 24, 2018 10:40:32 AM
All market professionals look for a capitulation moment when deciding to enter or a blow off the top to exit a position. I unloaded my position when at 2.84 ish . I was happy with my return . Locked in my profits ( forever) and wait indications to favor a rebuy of a company that I believe in. You were correct when you said it was overbought at that time. You are also in the ballpark now saying that it is in oversold territory. You and I both saw heavy volume when it was overbought. I think we need to see some heavy volume on the oversold territory as well.
Good luck Hopester,
S4B
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