GREY:AVGCF - Post by User
Comment by
Sdig14on Jul 06, 2011 11:54pm
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Post# 18804512
RE: T.AVR - 3 Legs up
RE: T.AVR - 3 Legs upI will be watching the RSI pretty close as well.
The RSI is already trending well into overbought territory at about 75 right now, but that uptrend could continue way long we than expected before a retracement, so it's tough to time the pullback.
I'd love to sell at 2.40, buy 30,000 shares back at 2.00, and then get ready for a long ride up, but I'm not sure I will risk trying to time it properly.