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Re: elcheepo post# 124414

Tuesday, 01/11/2011 12:50:42 AM

Tuesday, January 11, 2011 12:50:42 AM

Post# of 233166
From a T/A perspective, the technicals do have some things going for it right now. Does this have room to go up before stronger resistances come into play? Yes, and there's room to run. Will it go up and hit the resistances? That's anybody's guess right now. From what I gather from your posts you're not looking for a ton of risk, and as I said earlier the safest way to play is wait for the rest of RR results and have a finger on the trigger. You might not get the .04's, but if you're watching and it runs you should be able to get in under .06 if you're quick. The only way you could be burnt is if results are good and its put out pre or post market, and we have a gapper. I'm in right now, but it's all up to your individual risk tolerance. Good luck buddy.