RE: Beginners Questions
(2013-07-08, 05:58 PM)Sapphire Wrote: ACAD has been doing pretty well, however, am im too impatient with these stocks. Ive noticed it's falling a bit. Am i being too emotional?
ACAD is in Stage 2B and currently would have to drop 42.5% to reach it's 30 week MA, so it could have very significant pullback and still be in Stage 2. Plus it hasn't had a significant pullback since last November, but has had a number of consolidations. So I'd personally be looking for a much bigger pullback than you are seeing currently to consider joining this one as it is a very long way past the initial Stage 2 breakout point.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.