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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="jvandy50" data-source="post: 16883438" data-attributes="member: 175114"><p>I think the upside makes it a nice risk vs reward play, but it is running hot. I'd have a trailing stop set for sure so you can't get burned.</p><p></p><p>To interpret my charts, the 4hr is getting right to the overbought portion where a sell-off is common...but not set in stone. Daily chart says room to run. Weekly needs to have a little more curl for increased confidence. </p><p></p><p>Please don't roll your dice on my drivel though, with that many shares you are obviously doing something right!</p></blockquote><p></p>
[QUOTE="jvandy50, post: 16883438, member: 175114"] I think the upside makes it a nice risk vs reward play, but it is running hot. I'd have a trailing stop set for sure so you can't get burned. To interpret my charts, the 4hr is getting right to the overbought portion where a sell-off is common...but not set in stone. Daily chart says room to run. Weekly needs to have a little more curl for increased confidence. Please don't roll your dice on my drivel though, with that many shares you are obviously doing something right! [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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