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Re: Nolerman post# 1730

Tuesday, 08/06/2013 4:13:16 PM

Tuesday, August 06, 2013 4:13:16 PM

Post# of 8449
Noler,
I hate to even use the TA word here as you know. I picked resistance at 1.49 and Surfer who is much better as we know picked 1.51 LOL I will let him post his chart but the Surfer thinks the next resistance will be 1.61. Obviously you know how we go here. The difference to me today was that I saw a ton of afternoon buying. I would guess that the way most traders are going to play this is: They bought in at the 1.39-1.41 range today and will look at that 1.61 resistance as next logical exit point. The good thing is that this really hasn't been a "trader" stock for awhile and I think that most of the action is people thinking it has to move from here. Earning report is also a good enough reason for traders to come and say hello. I am sure trader can give us all his critique from trading side though.
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