Perplexing narrow 10-cent monthly range so far this month, the worst since run-up began in March 2009 reflects earnings concerns of repeat of plunge following last Nov 12 release.
It is still a month away to the next earnings release expected on Feb 18 and stock is stuck between $2.15 and $2.25 this month, or more precisely between $2.18 and $2.22 throughout most of past week with resistance at $2.23 and support at $2.17.
Never since the March 2009 start of breakout rally from 40c to 50c, to reach a major peak then of $1.32 last January had the counter moved so narrowly.
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