Looking over daily price range for a month, you will notice that the bottom lows keep rising when the stock retreats, which is a good sign if we can continue this. This is part of the reason I snatched up over 50,000 additional shares in after hours.
The highest volume day in the last month was December 29th, well over 100 Million. January 4th and 11th were each over 80 Million, January 12th and 15th were over 60 Million.
Trading over 30 Million today for the stock for what I feel was being held down does not surprise me. You only saw real volume when the stock was higher today.
You never know what the market and/or individual stock will do. The best you can do is follow the market/stock, do research, and follow your instinct. Not saying your wishful instinct but how you really feel a stock will perform that you are following. Hence the reason I bought up more in after hours, but I could be proven wrong in the trading tomorrow or later this week.
Remember, that there is nothing wrong in taking profit when you want to. Just because you are long on a stock, does not mean you can not take some profit in my opinion. Take what you want, and maybe at least sell the number of shares to make back your initial investment if you do not want to see all. I will sometimes sell all my shares and take profit, and buy back into it later. Even if it goes up and I later buy in at a higher price does not mean it will stop going up to bring in more profit.
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