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Re: ksuave post# 2643

Thursday, 04/01/2010 3:53:50 PM

Thursday, April 01, 2010 3:53:50 PM

Post# of 5675
.11/.12 is more preferable, but taking .14/.15 is last resort if you can't get filled on the low end of the range. There are four basic zones in CTDH: .2-.6, .7-.11, .12-16, and .17-.23; the lower the zone the stock is in, the more of your financing capital you want to have available to put into the stock so that the majority percentage of your total financing capital will have been placed in the lower zones. CTDH is in a range, right now is the time to start building a position, and build it correctly. I before tried to tell people that 'money in stocks isn't made in the thinking, but made in the waiting', but they just laughed it off since CTDH finally broke the .20's. Now as you can see, if you waited and not spend all your money at once, you now have the opportunity to add to/build your position in the lower zones, instead of chasing the stock while it was making new highs. Hope that helps.
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