Time for a healthy pullback, page-91

Hi timmmah

I watch and respond to what happens.  But I would anticipate at this stage that I would sell at the old high of $1.94 with a view to get back in around the 1.60 - 1.70 range.   That is in anticipation of a rejection of the old high going back to build a base in the 1.60 - 1.70 range before taking out the old high on the next run up.  But if we were to blow straight through the old high then I would just continue to hold.  Because once an all time high is taken out you tend to get an explosive move upwards.   Two main reasons. 

Not a single person has paid more for the stock than the current price,  hence knowone looking to cut a loss 

Fear of the stock price running away and needing to get in now.