Velti Plc (VELTF)

[XC Runner]

Glad you got in! What are your thoughts on where this will go Monday? I personally don't see it raising much higher than 4.08 in the morning before it gets knocked down. There are plenty of people who got in under 3.75. I think between 4.03 and 4.08 is going to be an area of profit taking for those traders so I think I am going to have to pull out around there and wait for another retrace into the 3.60s or 70s before getting back into it. I do believe it has potential to move well past four this week but I think it needs some time and some pullbacks first in order to do so. Any thoughts on it moving higher? Or possibly lower? If so what is your reasoning?