It will get more dangerous to trade the channels on this one. Each ann and milestone is more and more significant. The next announcements regarding testing, customer sales agreements etc make it very risky to get caught on the outside. Say you implement a trailing stop loss for profit management, and your stop gets moved up on the news spike, before being hit on a subsequent retrace. I think it will be harder and harder to buy back in at a price close to what you want, as most have obviously invested in this as a set and forget stock. If there is sufficient liquidity then yes good idea, but I just don't see the volume coming in for a while.
LCK Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
