Yes :-) I've been sorta trying to mentor this newbie who is generally doing pretty well chasing all the hot stocks but still takes two steps back when he misses.. he's way overtrading.
I've been using ADN as an example of something that you can sink yer teeth into with a bigger position and just be patient.. it's not as exciting CEI and what not so he's pushing back on me lol I want this to hit 11 just to teach him a lesson haha
Was just telling him a couple hours ago that this may not be the biggest and most exciting play in the room but if it looks like a sure thing you can actually take a couple days off from staring at L2 and go get a massage while holding a few thousand shares with no stops haha.. that's what I did today ;-)
I love this chart not sure if it can avoid a breakout..