Zeev's Turnips Patch-No Politics (ZEEV)

[wecus]

I've still had my OA for CMN at 34.29, they were not fishing for me, instead I scrared them away. It is painting a mixed picture right now and I have not decided yet, how to react on this one. I might as well just tell them they can have my shares only for a higher price than yesterday...

I liked yesterdays behaviour of the sandals, they nicely dropped of the lower limit of the recent channel on rising volume. Assuming 12/17 was indeed the bottom I have entered an OA of 48,84 but I will probably raise it on a daily basis until the upper end of the intermediate channel is reached. This channel is quite weak though so I might be forced to switch to plan B sooner than I would like. A breach of 44 today might become enough reason for me to want them back at 42+ instead for a less ambitious retest of the lower line.

Good to see you back in HANS, I'm still sitting on two positions of this one, both way up in the green, patiently waiting for my OA to arrive eventually.