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Thursday, June 25, 2015

We hold GDOT..here's why

This is from a purely technical perspective. It looks like GDOT is moving into a coiled spring position. I was looking at a potential exit from the straddle, but it was up a nickle, down a nickle, not much to speak of. Then I checked the chart:

It looks like all movement is contracting displaying the potential energy of a spring with todays price action being very narrow. Hopefully this coil will spring to one side and then we will exit our straddle. I am reviewing other stocks now, stay tuned

Tradinginsider

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