good evening all, page-3

...and for those of you who are interested from a technical point of view as to why I took some profit yesterday, here goes:

1/ $3.00 is a psycological resistance, just a $2.00 was.
2/ The bollinger band was just below $3.00 (admittedly it is still rising)
3/ The RSI on the daily chart closed yesterday at 80.7, which is overbought. The last time the RSI went above 80 was on 19 Feb and EXT then fell from $2.50 to $2.02 to relieve the overbought situation. The time before that it went over 80 was on 1 January when the price fell from 1.57 to 1.33 to relieve the overbought situation.
In isolation, the RSI alone does not determine if a stock price is likely to retrace, and it does not preclude further rises in the stock price from here.
However, as I have been looking for a level to lock in some profit and have been long EXT since 87c, it was enough of a technical reason for me to sell some EXT.

I am still long EXT and believe, as I have for a long time, that this stock has an amzing story and will continue to rise over the medium term.