Replies to post #793 on MICRO Insider Pinch Plays

[richard.w]

Swing trade...10% target at 4.14...not sure of timeframe...if it really went oversold too far then I wouldn't think the bounce will take too long that is why I set a short-term target of 4.14

We'll see how it goes...I'll be watching the charts to see how it behaves...

[richard.w]

I have to add that a strong component in my decision was the huge volume today. That kind of volume almost always signifies that there will be a rally above it if nothing else than for the MM's to make their money back on all of the shares they had to absorb (buy) at those prices.