RE:TA GUYS We are at support and resistance at the same time
Trading range from $28.50-$30.50.
Above $30.50 will get eh ALGOS going and above $31, then we will run.
On the downside, we really don't want to go below the recent $28.13 low.
$27.99 or lower, disaster may happen.
If the stock is strong like everyone says, if we hit $27.99 then may jump to $27.50 in 1 second and come back to $28.50 in the next minutes.
That is a sign of a stron stock.
If it stays hours below $28, then we are in trouble no matter what the fundamentals say.
Your 3.5 PE will be 2.5 if that was the case.
CxrBull wrote: Anyone want to give a technical analysis here as we float around $29. My chart reading skills R not so hot and where is ProTrading who seems to trade on the charts and bought yesterday?
fdfd? What do we need to close at for the algos to like CXR? My chart service is not giving me any advice now.