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tebs213

02/10/10 11:41 AM

#21764 RE: Baron von Stocks #21762

It held the 200 day SMA really well and it looks like the 50 day SMA is probably minor resistance. I want to see a little more price action to time a major breakout which is looking more and more possible this week. It made a very important move today, but I don't chase, I do my best to remain patient. Otherwise, the possibilities for great fundamentals are looking better the more I look into it, so I would say I will very likely jump back in sometime this week unless a better opportunity presents itself. The only other factor is that tiny gap from 1.90-1.92 that was created this morning, which I'm not too concerned about, but has to be taken into consideration. Good luck to you my friend.