$ire as you can see from the chart has made a run from the middle/end of 2012 till now. It was trading at $5 and change and now is at $16.50 and looks like it could see $20 in the not to distant future. The chart looks perfect. Every gap up has held important levels and consolidated nicely before making new highs. Look for a small pullback or consolidation up in the high 15's or low 16's before a move higher. A break back below 15.80 will mean it is going to need more time. Above that level it could continue its rampage.
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AuthorJeffrey Loesser. Trades are personal and opinion only. Archives
November 2014
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