Target is oversold and at a discount price. It is in a long uptrend on the weekly chart butit is in one of the valleys right now. This is a great buying opportunity with minimum risk and high reward. Notice that both the MACD and RSI are showing a bullish divergence. This means that their lows are lower even though the stock's lows are higher. I wouldn't think it crazy for a target of 78. Before market close 9/12/13 HAPPY TRADING!!!
Comments
octradr
⋅
Pretty much even. Would have done better if I sold two days later. 10/23/13