RE:Next supoortVicesVertus2222 wrote: If it goes through 8.50, I will wait to see how close it wil get to next support of 7.76.
It is just a dip in the curve. A good oportunity before it climbs back up IMHO.
i agree
i beleive that this is a good, becoming great, company
it is still one of my bigger positions; yet 50% of what it was in january
the whole sector is down; this is not XBC specific
the o/a markets are nervous, there is a lot of froth in certain areas
the xbc volume is light, just a few people likely offloading oversized positions
in my opinion, the buy / sell decision comes down to position sizing
if i did not own xbc i would have no problem taking an initial position
and more importantly, the longer we paddle along at +/- $9 the closer i am to re-buying those i sold higher
just an opinion
good luck