Visteon Corporation (VC)

[xyang01]

Thanks for your post.

I had my sight set on $1, thinking I'll hold long term if it doesn't reach. But now things have changed and w/o any news, I think this stock is just going to go down slowly.

I just thought I'll sell now at a good price, and then buy back in at a lower price.

Here's my plan. I'll hold it now, and see if it can break the .52 barrier, if it does, I'll keep holding and see if it breaks .70 barrier, if it does, I'm pretty much home free.

However, my cut off point would be the .4 barrier, if that barrier gets breached, I'm out. I'm not going to wait for the .28 barrier.

So, I'll long this thing if price goes to green and the candle breaches the middle of the previous days body, but if it stays here at .49/.50 I'm out, and live to fight another day.

What do you think?