Good post R G
And Doc, when a move goes against technical indicators, which is not often, the move will be swift and savage. I should have covered that possibility in my assessment.
And again, sorry if it led anyone on the wrong path. At the end of the day one has to act on what you know yourself and if in doubt (any doubt) do not embark.
I have no doubt (myself) overall that this stock has legs and as the company reveal thier way forward holders will be rewarded. Having said that the truly savvy investor will only enter a trade on obvious strength. This is not the case with EIO at this moment.
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Good post R GAnd Doc, when a move goes against technical...
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