From what I can make out with all of this is
Quote:
Originally Posted by
trippingthespeculatingpos
i wanna hold lvlt long like sirius but im just hoping i can stay in the green while i hold it long unlike sirius :O, i was hoping to get back to 1.50 range tommorow hoping that the pullback is only going to be one day, but i think thats a little too optimistic. If It can hold where's its at till it pop's up again i will be happy. I just dont want to see it return to under a dollar :( I will check that site out and let u know what i think
From what I can make out of this is that LVLT is now on a weak uptrend, that it is very possible that it is a stop for sellers and could bounce back. Try ino.com and sign your stocks up for a daily trend analysis if interested.
It was an excessive down, so that website I told you about seems to think that it may have bottomed and will work its way up. It was given a one day bearish money flow.
So I guess that sideways, to "maybe" up a hair could happen.
I definitely want it to stay above a buck also. Funny that you said 1.50 is your target...that is mine also, lol, because that is a good safe figure.
Also, there is an indication that SIRI could be changing into a sidelines trading mode from the downtrend. I don't know, maybe just more madness! lol
Looking at the charts, I got the same indications and feelings. It wasn't the market that did this to LVLT, it was the traders trying to reach for the brass ring without taking their support ladder with them (the sellers).
This happened a bunch today with a lot of stocks, because everybody wants to succeed, and I damn well don't blame them. Now I see what my Mom tried to teach me from the Bible - fast growth without roots doesn't last. It is a rush, though! If it moves fast, I may sell fast and then re-buy.....(just thinking out loud)
Have a great evening