Comments for NICH
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Comments for NICH
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stockjoc
After breaking out on strong earnings this one has pulled all the way back to its base and volume has vanished again. If the 'smart money' shorts get shocked by any kind of a rally from here this could make a sizeable move to the upside. It has pulled back more than 35% in the last 2 weeks and sellers are not exactly running for the fire exit since the euphoria has fizzeled out. I not looking for a long term position but I'd take 50% retracement to the upside in a short squeeze so be advised the with vol well under 100k a day this one may turn into a rocket at any moment... looking for higher highs and vol over 100k to confirm my speculation?
Love
February 07, 2007
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