The Small Business Company (fka SBCO)

[dmlabuda]

Well, in my opinion, you got a lucky break and if you didn't sell on Thursday, or at the opening on Friday, you are likely are going miss out on a phenomenal profit opportunity. Notice how the biggest volume day was on Thursday's sell-off. Notice also that Friday did not achieve a new high. The market is now very much overbought and savvy traders who have not yet taken profits will be eager to do so on Monday. This correction in the price is coming way too soon for a bull market to be emerging here. What we have seen, in my opinion was a bounce to fill the gap and give the bears an opportunity to sell into Overbought conditions. Monday's probable close below the 200 day MA will show a delayed rejection of that support/resistance milestone and send SBCO back into bear market status. Just watch and see what happens. I'm just trying to help you capture that profit while you have it but, like most gung ho bulls, you'll most likely let it slip away. SBCO - Daily Candlesticks