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Roo5guy

03/31/14 6:01 PM

#3501 RE: Jaybar68 #3500

There's multiple ways to calculate targets, Google them. Me, I look at the previous moves its made and then I add a bit of ATM Perspective and sell. Breakout runs usually push for 3-5 days in a healthy market (green). Maybe less in poor (red) markets. Learn candles, they can tell you how bullish each days really is.,,,,imo

thecon00

03/31/14 8:06 PM

#3506 RE: Jaybar68 #3500

Hi jay- HK was nice find. I see 3 options for selling depending on how long you want to hold. I'll go short term to longer term: 1. First red day after a candle spike and or that 200 day moving avg is right above you on finviz. There will be some selling there. 2. Sell at that first resistance just under $5. Option 3. Draw a line parallel to the with of the channel above the breakout line looks like about $5.50ish to me depending on when it gets there