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rickochey

04/29/15 3:35 PM

#2444 RE: fung_derf #2443

support and actual cost of the stock are two different things. Support and resistance is for day trader, short term traders. Stock price/company value is for investors.

fung_derf

04/30/15 3:56 PM

#2449 RE: fung_derf #2443

To be clear, my support lines are based on a weekly chart, so I want to see it finish the week above $7.76. Just waiting to buy a bunch more.
BTW, if it doesn't hold, next support is currently $6.94.
JMO, of course.