Quote:
Originally Posted by Hog's Gone Fishin
I've loaded the boat on ZOM during this correction!
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I could maybe see ZOM. It's retraced close back to prior breakout which could be a good entry, above $1.50. If I pulled back to $1.60-65 you could get in and set stop loss at $1.50 for 6.2% risk.
Or better yet it would be nice if it would move sideways and consolidate nicely for a bit. Then you could look for new breakout on momentum up. It's healthy for stocks to move sideways after a breakout as many times this is shaking out the weak hands before a higher move.
