re: whois capping- strong close Hi guys,
don't get hung up on who it is. Just look at the price action and realise that someone has drawn 28c as a line in the sand for several months to sell into and then buy back beneath. Over time though if the stock is going up then the selldown below 28c diminishes (as it has) to produce a rising wedge pattern.
Eventually, all things being equal, the s/p would be expected to breakout to the upside.
This is the third assault on 28c and the various indicators such as Accumulation are trending upwards as they have been for months.
I would recommend just holding tight and see what happens but that is my personal opinion.
I hold.
Cheers,
re: whois capping- strong close Hi guys,don't get hung up on who...
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