NRT should be able to pull in $5-50 area again soon enough.
Today? Tomorrow?
But overall they really need more time to regroup in the 'low'. So even if $5-50 comes they will probably head back down to $5-20/10 area anyway. Over a few days.
And that 'need' to flounder along and regroup, while sellers are cleared, can also kill a Retrace to $5-50. So unless you bought on Friday in the dive area I wouldn't be advising buying today ($5-30 now). And if you did get them in that nice low on Friday, then I would be selling at whatever height the 'crest' forms today.
That is yet to be seen.....so far looking 35/40 area. But there is till time through the rest of the day to see that $5-50 area.
Add to My Watchlist
What is My Watchlist?