A sign of Sell in May?If I look back and try to learn from the market and not from this BB I feel much comfortable selling all my position of this stock at $1.99 and now sitting with big profits and waiting through this summer for another entry point. So far higher-low and lower- lower means we have a top of this stock and a long consolidation is happening. I like the company but cannot resist learning how to plat this stock.
if after May 4 sp continue to be flat to down the trend is established and I will treat it as my friend. I will act accordingly and promptly. A cold summer for Healthcare sector could be a reality. Smart money is not committed to it while I see them going to Commodity sectors. A possibility of a bounce in coming July is possible but it could not be sustainable. Good news may help temporarily the sp but I will wait through the summer and fall. Like my old post says there is always an opening to come back to the stock again. This is not to bash but try to put what I learn from this market to practise.
happy investing to all.