All the technicals show are momentum shifts. As I mentioned previously regrind the 'sell' signal when the indicators where overbought, they now suggest a much better entry level since the indicators declined into oversold conditions. That doesn't mean the stock is a buy or everything is fine and dandy. But for those that understand charts and technicals, it's certainly a better entry now than the techs are too high and the stock is trading outside the upper bollies. I was going to put out a book with pop-up pictures for a couple of members here who still don't understand the difference of overbought or oversold. Whether someone is looking for a simple swing trade, or if a long is looking to add, the stock is cheaper now than when a few traders took gains in the high teens last month. And yes, the technicals did suggest an exit back then.
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