Hi Eternit,
As I posted this morning on BLY, 37 was a major resistant and the fact is I have never ever bought BLY until today. I am a late comer, so I never planned on to hold her over night(not when a stock has rallied over 120% in a little over 2 weeks and no pull back.) 34 was based on what I saw this morning on Power-Etrade intraday 1min I thought 34 would be a strong support and she would test it a few times today. Had I entered at the $0.20 mark, I wouldn't care much, like Robbbbbbb always say let your profit runs.
This BLY train has left without me, too late for me to get on board now. I will continue to just monitor her and may milk a few dollars out of her here and there from day trade. I won't be holding overnight myself. $0.37, we tested and tested many times today, and couldn't break it.
I won't enter and hold overnight when a stock's RSI has hit over 85pts (now at 87.9) over bought. The highest RSI level since BLY was listed on the ASX.
And yes you can call me chicken.
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