We squared up the last local gap opening yesterday during the selling. 4424.25 was left behind on May 13th. Price visited it yesterday and bounced hard.
All that’s left now are overhead gaps. Check out the below chart, sporting 5 open gaps up above. These may start attracting price:
RAUL, have you kept up on RVLT and CREE? Any long-term thoughts on these as of late? much obliged
The LED industry, and RVLT in particular, put such a bad taste in my mouth when I went out into the field and did some DD that I may never endorse them again.
it’s a shitty business with slow sale conversions and shit for margins