There are a number of former portfolio positions like this that have zipped to the upside in the short-term. But just know to expect sizable percentage pullbacks close to the 200-day moving average on stocks that have pulled very far away/above this moving average. The tendency is going to be to lose sight of this in all of the "excitement" of the stock going up so much in such a small amount of time. But always "measure" things technically and fundamentally and it will keep you being a logical investor. https://s3-us-west-2.amazonaws.com/maven-user-photos/seanhyman/technical-analysis/IOSU6hIfr0e_ddd3b0bprg/E9LsdWYoHEqqpdijADcjGg

Comments (12)
No. 1-11
Sean Hyman
Sean Hyman

Editor

Notice the diverging RSI and MACD histogram (emphasized by the red lines) that give us clues to the statistical likelihood that these pullbacks are coming too.

bilbo55
bilbo55

I took my profits in RIO as you suggested at a 87% gain. Thank you, Sean! Wish I had started following you sooner.

Sean Hyman
Sean Hyman

Editor

Good deal. I'm glad to hear that. Thanks for the testimony and the kind words. I appreciate that.

Sean Hyman
Sean Hyman

Editor

Help me to spread the word because a lot of people need what you've found. I appreciate ya.

Bekka
Bekka

What's sizable...10% or 50%?