Replies to post #2 on LSI Industries Inc. (LYTS)

[stocktrademan]

I'm newly invested here. Are you still Long on this stock?

I do not currently hold this stock, it tried to hold support around 8 and recently went through.

If I had to be required to hold this long term then I would consider buying some options puts to counter any drops. Otherwise I would simply close the position if it continues to go against me. Would keep a close eye on this chart, it appears bearish to me now, and would keep a foot outside the door so to speak.