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Sabre, good call bouncing off 150day MA, whats your thoughts on...

  1. Adzman1
    342 Posts.
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    06/05/08
    15:27
    Post #: 3674048
    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

    CMR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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