Ryphil, it may appear to be spinning its wheels but this is when one takes note of the potential (easier) long trades. I mean when a stock like this appears to be shortening its downward thrust (I like saying that), its more likely to be easier to trade long than it has been over the last few days. The selling pressure is easing and the buying has sort of gaining control .. remember this is all within the day trading confines, I don't care what the long term hold is going to do.
SKE up to its morning high for the third time today and atm breaking higher
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- Day Trading Dec 9 Morning
Ryphil, it may appear to be spinning its wheels but this is when...
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