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overachiever

10/03/12 12:33 AM

#123716 RE: Rawnoc #123715

At this stage it certainly is not an implosion. The stock merely tested its fifty day moving average on moderate volume. It had never really corrected its breakout and it still 200% higher than the spot from which the rally started.

I guess this was one of those 1 out of 10 times where the breakout to the upside didn't happen and it imploded instead.

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sometimes_right

10/03/12 12:34 AM

#123717 RE: Rawnoc #123715

SRSR Chart reads like previous BIG run... slow build on anticipation... drop on initial disappointment (consolidation period).... then HUGE RUN after delivery of "game changing news" - IMO