But they may be fighting the tide tomorrow morning if this stock gaps as it has a habit of doing....with the shorts spooked just a tad by the IBD tidbit. I think the analyst said something about the potential international market is in the 'billions' - could catch someone's eye. :-)
i am now long TASR from yesterday in a buy and hold trade. I own it in my IRA 6 lots worth right now and i am up 15 points on average. But the chart is so complelling i thought i'd play some trading shares into their earnings date.
As for the general trend of the markets i have a tesat of top coming quickly DOW at 10,750 with my upside fibo projection at 10.950.
If the NAZ breaks 2175 we'll see 2300+ very fast.
The SOX needs to take out the 200 ema at 435 and will do that as this sector is still lagging the entire market
i also of course like the bio techs and inets here for a large run into eps date sin Jan and Feb...
Managed an 80 cent scalp on TASR at the open of PM. May buy back later...it has since gapped down so will wait for a more advantageous re-entry. But it appears the 27.50 line may be a real problem for the MMs.
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