View previous topic :: View next topic |
Author |
Message |
dadonnum1
Joined: 07 Feb 2006 Posts: 7
|
Posted: Sat Apr 22, 2006 5:32 pm Post subject: question for board |
|
|
Anyone have any thoughts on RNWK, has been going up for a while. I feel its ready to be shorted. All signs say its overbought, but yet it keeps going up, level 2 is very tight too. Does anyone follow this stock or have some insight? |
|
Back to top |
|
 |
Bookworm
Joined: 29 Dec 2005 Posts: 71 Location: Lubbock, TX
|
Posted: Sat Apr 22, 2006 6:11 pm Post subject: |
|
|
dadonnum1:
In looking at the chart, I wouldn't short it here for the world! It has been going up rather nicely and steadily out of a good, long base. Yes, it pulled back on 4/21, but I'd not short it until it decisively broke the 20 day moving average. Even then, I'd be really nimble.
This actually looks like a time to be buying it to me.
Peace and all good,
Bookworm |
|
Back to top |
|
 |
russjackel
Joined: 16 Sep 2005 Posts: 59 Location: niantic ct
|
Posted: Sat Apr 22, 2006 7:21 pm Post subject: |
|
|
I just sold out friday at 10.39 bought at 8.40 for what it is worth. but I also agree that I do not feel it is a short at this time and I sold to lock in my profits. but then again what do I know.  |
|
Back to top |
|
 |
dadonnum1
Joined: 07 Feb 2006 Posts: 7
|
Posted: Sat Apr 22, 2006 7:35 pm Post subject: |
|
|
thanks for all your thoughts... |
|
Back to top |
|
 |
|