Seems like earnings were good, so hopefully it will keep going up. However I don't trust this stock it moves a lot and that could be bad if your not keeping close eye on it.
I'm not to trusting so I set my stop losses at a dollar amount that I can make a few hundred bucks on, (better to make a few then lose a few).
If your long you will most likely be ok, if your day trading this stock be careful this could correct 3 dollars or 10 dollars (who knows) as seen the other day.
As you see in Oct 16th or so the EMA (both of them) went sideways for a bit and so did the price, then the EMA's went up and so did the price, Now EMA seems to be bending sideways again and the price has moved to the lower part of the channel so Id be watching it close. Seems like unless a guy was in at a very low price we got to always watch this stock. But that's the way we make money.
Anyway traders watch out for the 44 and 41 if it goes under the 41 might be bad.
Just for discussion and as always I'm not giving advice to buy or sell just what I see here in the chart.
Good luck Traders and remember this is a very good stock to day trade (like moving 2 to 3 dollars a day REALLY) but if you don't pay very close attention it could be costly and you could lose lots of cash so be careful.
I'm not to trusting so I set my stop losses at a dollar amount that I can make a few hundred bucks on, (better to make a few then lose a few).
If your long you will most likely be ok, if your day trading this stock be careful this could correct 3 dollars or 10 dollars (who knows) as seen the other day.
As you see in Oct 16th or so the EMA (both of them) went sideways for a bit and so did the price, then the EMA's went up and so did the price, Now EMA seems to be bending sideways again and the price has moved to the lower part of the channel so Id be watching it close. Seems like unless a guy was in at a very low price we got to always watch this stock. But that's the way we make money.
Anyway traders watch out for the 44 and 41 if it goes under the 41 might be bad.
Just for discussion and as always I'm not giving advice to buy or sell just what I see here in the chart.
Good luck Traders and remember this is a very good stock to day trade (like moving 2 to 3 dollars a day REALLY) but if you don't pay very close attention it could be costly and you could lose lots of cash so be careful.