InvestorsHub Logo

qubetrader

10/16/13 4:21 PM

#29 RE: morpheustrading #28

It's all good Morpheus. I watched the video and, we all trade differently, so this 10 MA pullback from a large volume breakout piqued my interest. It's something I will monitor, thanks for the info!

On another note, I really like the volume associated with the breakout to all time highs that LOCK shows on a P&F chart, even though it is a fairly new stock. Volume precedes price so I personally think this is going much higher. I got back in today @ 13.96. It may go down to the 50 MA or the upward trend line around 12.50, but I'm comfortable it's going up and not too concerned about a dip to those levels.

Those articles from the Value Investing Congress and Seeking Alpha about shorting this stock are hilarious. I look forward to riding on their buying back wave.

Anyways, take it easy.