JD just asked for a chart of my old friend ANTP:
What do you think about antp chart? Does it look like there will be another leg to the recent jump? It had a strong rebound. It seems like it could move like TZOO did last year on its short/long battle. Or maybe this is good selling opportunity for those looking to get out. I would appreciate your thoughts on this one.
ANTP looks like a pretty good long candidate to me. The one thing that I don’t like is the high volatility of the stock — that can be a blessing or a curse. In any case, it makes it tough to find a low risk entry. As for the trapped longs that JD mentioned, they may be the people who are doing the selling just over $30. Definitely keep an eye on that area (see the red line just above 30 on the chart).
Gary B. Smith did a chart of ANTP several days back and also called it a long. I’d have a much tighter stop than he recommends though.
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