If I may post a question to all you legends smarter than myself (which basically means everyone here)
, charting wise, have I picked a good entry point for PRL? (I bought a small parcel yesterday at 7.9) either for swing or LT, not sure yet...
Although not on volume, I see 7.5 ish as a strong support level as it has been tested on several occasions since its spike almost a month ago...
So these are points I considered before a parcel:
1. Strong Support at 7.5 (I hope)
2. All EMA's above each other on the Daily
3. No more gaps that need filling
4. Next Small Cap actually get a lot of their picks right and have some good research on the company... And by regularly releasing new articles, they seem to keep their darling stocks "pumped"
(EMN and VUL are good examples)
Smart move or big newbie error?
Cheers for any input
