Looking at the chart below: RSI is pretty hot + the volume is getting too low to sustain the greenery. Needs a 'little' correction before it can resume the next leg up IMO.
I will join you guys for swing trading upon an RSI reset. (I might also remain vested here with my whole a/c when I don't have hot momo plays - then go liquid to play the momo tickers - then come back again).
Any outside catalyst (strong news, etc) can over ride this.
P.S. Since you mentioned, I have been playing ACA* for a while now. Its pattern is a little different IMO. Baker Bros (5b group) kept buying on the way up to cause those gaps and pops + supported the (immediately following) sideways regions. TSRX is a regular bullish chart IMO.
All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. Do your own Due Diligence before investing.
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