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Replies to #28777 on lowtrade

PoorboyMcCoy

02/22/12 5:48 PM

#28778 RE: lowtrade #28777

That's exactly what I was thinking. After I learned from you temp jobs tend to have 6mo (or a little more) cooldown between one another on a given stock I made a note to start watching this around mid February to look for signs it was coming back to life and lo and behold it's got life.

The last time they ran it they had a (surprising) period of silence between the first week of august and the first week of september, which resulted in that 100% retrace.


Would today's price double (and it looks like someone tried very hard to make sure it closed at double) be the correct signal for early/small entry?

tarson

02/24/12 11:38 AM

#28835 RE: lowtrade #28777

MEDT after that quick pop yesterday, seems like its in an accumulation mode. Probably setting up for the run after the 9-month walk-down.