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sumotrader

11/13/14 6:59 PM

#930 RE: squashjohn #929

No, I have my attention elsewhere. It looks to me like the hard bounce was nothing more than an oversold/short covering pop.

I think XONE needs a reason to run back up but I don't see one yet. Traders (like myself) got the bounce we were waiting for but investors need solid 10Q results or unexpected news for this to break and hold above 25.00 IMO.

I can't predict the future but I'm guessing it moves sideways/down for a while. I'm not saying it's going there again but I'd be a buyer in the high 16's

Good luck