Mojo - its not about price prediction its about capturing the bulk of the uptrend and getting out early to preserve your capital in the downtrends - its not about picking the top or bottom or predicting prices - when that happens its mostly a fluke not because of any great trading plan.
We do a get a guide from horizontal support and resistance lines & there are some big price hurdles ahead at $2.50 and $3 but just keep raising your trailing stops to lock in the profit - The 195 EMA is miles away at $2.85 and there could be significant resistance athere- we are still a long way from an EMA golden cross - the last one of those was August 2012.
hOOt
CDU Price at posting:
$2.00 Sentiment: Buy Disclosure: Held
