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Re: None

Friday, 01/17/2014 4:21:24 PM

Friday, January 17, 2014 4:21:24 PM

Post# of 639
Overall disappointing day following yesterday. I'm watching closely on Tuesday (assuming market is closed on Monday)...as this is starting to look like another ride down which I'm not sure I'm willing to do again (still slightly in the positive in average cost).

Ridiculous that we've already reversed on the P&F chart in half a days session from yesterday! Also reflects Money Flow turning negative the last 2 days. Stock needs to show some follow-through strength next session.

http://stockcharts.com/freecharts/gallery.html?RNA

Honestly though, I'm starting to wonder if it is even possible for this stock to have a win streak that lasts more than 3-4 days. I realize it was up 25% yesterday and giving back 8% of that may seem minimal...but in reality it has given back over 23% from the HOD yesterday. That is NOT good. Was really hoping it held and closed at least above the previous high close of $6.55.

Yes, SRPT was also down a good clip today...but they only gave back 4% after gaining 40% yesterday. Sigh.......