Sabre, good call bouncing off 150day MA, whats your thoughts on retrace and a re-entry point?
I havent got the chart in front of me (will use recollection as I looked at chart last night), adding the last 3 dominant green candles over the past 3 weeks or so, and taking a midpoint as the maximum for a retrace, I get an sp around $2.30-$2.40. Would you agree?
I assume mid point on the basis that the stock is now trending up after breaking downtrend a few weeks ago.
A penny for your thoughts
Adz
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