Stock Observations Using Technical, Fundamental & Sentiment Analysis
Wednesday, October 21, 2009
BREAK OUT! GNK Price Target $35
As noted earlier this morning, my intraday charts on the open gave a STRONG BUY in @ $22.90 now up near $24+ near term resistance. Note this stock is very volatile and could as easily sell back down to the $21 level. I've set $35 as my price target. Looking at possible covered calls at higher levels to lower cost basis.