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Ice Cold Traders
Posted On: 12/10/2012 2:26:28 PM
Post# of 474
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Posted By: coolnapz
Re: hyrpowr #356

If you have shares just keep a trailing stop it looks good. The stock has two factors of support at 6.92 with the 20 day moving average and the 50% retrace from the lows to the recent highs. Stock is trading above the 20 DMA which may cross back above the 50 DMA in a few weeks. There's another area of support around 6.70 which is a 61.8% retrace from high to low and where the stock kind of had a break point before the move up.


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