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fibline
Sep 14, 2013 11:46 AM

RGR Long

Sturm, Ruger & Company, Inc.NYSE

Description

Strong Bullish Signal with T~S & K~S Cross above Kumo. Chikou above price. Continues to squeeze Bears.
Comments
octradr
It has been bouncing between 45 and 60 since april. I don't think this is anything special yet. I would take a close over 60 as a possible bullish sign but it would be too risky. The last 2 times this happened it lost 30% within 3 weeks. I would consider shorting this and use 61 as my stop. HAPPY TRADING!
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