Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Spike up on $DCTH. Is this for REAL this time?

I certainly hope so!  Did I just use the word “hope”?  Strike that out!  I should say, “Look like it!”

I’m talking about $DCTH.  I bought in this morning because I’m “sure” price has to go back up in light of coming FDA decision in May-June.  So, I’ve been stalking this one everyday and looking to buy back in when I see some movement.  This morning, I saw movement so I bought back in.  Good thing I did.

The question is, “will this spike up hold and continue?”  I’m betting it will by adding more at this level.

Take a look at the daily chart below:



I was out all morning so I missed the $PACB run-up as well.  You can’t win them all…

My 2 cents.

If you enjoy the content at iBankCoin, please follow us on Twitter