I look at the closing numbers today and see that ERTS closed almost $1 higher than my exit, $18.12.
It looks like a breakout move that some may try to get in on to ride a momentum gain.
Volume was a huge 38million shares.
It may hold, this is one reason why I tossed around the idea of staging in and out of trades, to let something like this run. I did decide against it for now in favour of the surer bet of getting out at target profits though. Too much gaming involved for me right now as I am still keeping a lower trading profile.
It's time I go over my charts again and see what is in position to get back into.
Jeff.
Questrade, My direct access discount broker.
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