Well, being a pessimistic trader who only short term trades (by chart) for targets of 10% to 20% (the safe sections of gain captures), I would say today was it for NRT. Maybe an opening "follow-on" jump tomorrow, but possibly even not that. ($5-50 till no longer than 10-25am?) Depending on that extra bit of peak, or not, the fall back should go to about 30c or so off peak within a day, and prob to $5-00/$4-80 area within a day or so more. Total Retrace back should be to at least $4-50, but prob more like towards $4-00 area.
They also owe a LOT of Retrace overall, for the longer term, so if there is no more 'energy' supplied to fuel another rise segment then they should head back as far as $3-50 area, taking a month or two.
Outside of all that, a good win for believers who stayed with them for the last month or so!!
NRT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
