LJPC Daily Chart ~ Still Dropping After Our Exits
Post# of 2559
Posted On: 03/17/2014 10:28:09 PM
LJPC Daily Chart ~ Still Dropping After Our Exits in the $18.00/19.00s
I was asked from three people if I have re-entered LJPC yet. No, I have not. Our exits in the 18.00s to 19.00 was the correct move when the stock was way outside the upper bollie on that gap last week. The stock has now returned to within the bollies, but I don't like the high levels of the MACDs, especially since that are now beginning a curl to the downside with the fast MACD already having crossed to a sell signal along with the FullSto. Will that gap down to the 11.00 area be filled? Who knows, but I'll be watching until the charts reset from what were very overbought conditions early last week. GLTA
I was asked from three people if I have re-entered LJPC yet. No, I have not. Our exits in the 18.00s to 19.00 was the correct move when the stock was way outside the upper bollie on that gap last week. The stock has now returned to within the bollies, but I don't like the high levels of the MACDs, especially since that are now beginning a curl to the downside with the fast MACD already having crossed to a sell signal along with the FullSto. Will that gap down to the 11.00 area be filled? Who knows, but I'll be watching until the charts reset from what were very overbought conditions early last week. GLTA
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