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Replies to #30813 on lowtrade

lowtrade

04/18/12 4:48 PM

#30815 RE: floydianslips #30813

The longer you wait, the safer your trade. After all, there is alot of company negatives and support volume is not outstanding. I usually trade a little above resistance as a general practice.

I usually look at the average daily price swings and go 1/2 that above resistance. In this case it looks like ave swing is 15 cents, some 10 some 20. IMO 10 cents is cool. Still 20% gain to 3.10 target, from 2.60.