With earnings out this morning the market is not too impressed. I think I will wait for a better entry price.
I had wrote this in the CIG thread this morning and this holds true for SID as well. Now looking to take some profits in the near term "My timing was off on CIG when I bought as the Brazil stocks fell off a cliff. Through my tier buying and the Brazil stocks making a rebound I am up and looking to take some profits in the near term."
After dropping back some yesterday I am hoping to sell into this rally if it goes higher. 2.28 about ready to being taken out
Taking a new look on SID once again. Charts looks like a potential flag, a rising one. We may add some around 2.80-3.00 if we get there, and wait (hopefully) for a later breakout. That would be sweet, wouldnt it ?