Hi! 'mince'...I've got to agree with you there...
SANM has held up VERY WELL during last weeks Market Meltdown...
I'm not familiar with "PowerRatings"...Can you supply a link to their website please?...TIA
If you look at Elliot Waves, this 50% pullback it's just done is the second wave...
The third wave is "usually" the biggest, and right here at these prices is a very good time to re-enter if it's going to go up next week...(Unfortunately, I sold out last week but am ready to go another round with SANM...)
If the third wave works like it's supposed to, this "should" take SANM to new highs...
Let's hope it doesn't head down to fill the gap to 4.40 because that would be way over a 68% Fibonacchi retracement (more like 100%), and would look very bad on the daily chart and scare a lot of potential investors away from this stock...
There are only two stocks I'm interested in playing next week, and SANM and RBAK are both holding up well through these hard times the overall Market is going through, and look to be able to continue to do so...
I'll be posting charts and comments on RBAK and SANM before the open Monday, but I'm getting ready to go out for the night now...I'll probably get around to this tomorrow...
Talk to you later 'mince'...It's good to have you aboard...