RE:RE:cad is taking another hitdamian19 wrote: AC is the one taking a beating.....hit $12.52 and once again, in just 30 minutes managed to drop all the way down to $11.95! Is it possible this stock is unable to sustain the $12 mark?? Everytime it does, comes crashing back down, even when it is well above it. Losing 60 cents in just minutes on no news should be alarming. Especially when you see the market is up 1.5% and there has been nothing but good news for airline companies this week.
Not such a big deal, it was oversold when i look at the RSI singal when ac fell below 30 ow -18 in the green :) and the %R now you see support at 12 anymore further down this stock is a very good buy. and im going to sell when it goes up to take short term profits, this is how its done!!