Big Tuna, thanks for the charts on PBHG and TDEY.
Post# of 2559
Big Tuna, thanks for the charts on PBHG and TDEY. I will repost them to their stock boards.
Interesting was the Resistance/Support line drawn at .012. I posted this earlier today on the $PBHG board:
"$PBHG resistance of .012 was broken on increased volume first days of November. Resistance broken becomes support. In December .012 support was tested and tested again this past week. Successful test may create a nice bounce or an uptrend."
http://investorshangout.com/post/1177037/-PBH...creased-vo
I followed your charts today as you posted. Very interesting read of your analysis. Charts with extended moves lasting over time, if I was looking for an exit, I would have been out long before the up moved ended. Once out, it very difficult for me to make the move to get back in at a higher price or same price, hoping there is more upside.
Even big board stocks can crash and if a trader does not take serious the warning signals on a chart, a price may be paid.