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Re: discoduc555 post# 116

Friday, 02/04/2011 2:26:28 PM

Friday, February 04, 2011 2:26:28 PM

Post# of 482
congrats man, glad you held on for the big move! i actually missed it... was so busy playing egypt bounces this week i didnt check when it hit my low 1.30s target and apparently did not have an alert set up... ah well. also figured we would not get this news until closer to march. missed the 1.50 consolidation signs too. thats what happens when you stop paying attention to good stocks. but better to miss a party than choose a bad one right? next time.

as for the other post about getting in now, i am sure kv will have a solid future going forward. however it is normally better to wait for a cool down rather than buy the height of news. i have not checked a chart in a while here but this normally happens either later in the day or the next day, does not seem to be happening yet, with a quick dip then a continued rise, or it takes a few days before they shake it down to a support, consolidation, then up again.
so bottom line if this is a long term play anytime should be fine, if not then i would check for a new support level and wait for a dip. doubt its going to sink back to numbers from the past year but is 3.50 a support? or 3.25? maybe it even tags upper 2s on a shake, might even end up 3.75 is the new support but better for that to establish before chasing imo. unless you think this will just climb and climb until its over 5 or something. always possible but i prefer to play safe

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion

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