Medtecs Intl flew high and ran a lot for the past 2 days due to the results and also for the first time the stock is giving out CD. I couldn't believe my eyes as the stock shot past the supply zone with power while I would rather chose to take $$ first than gambling on higher prices. Today's price action suggest that many retail traders went in to chase the price and it looked like there was also some contra squeeze where the stock got sold down for some 10 cents. In the short term, I would leave this stock out first as profits was secured and price rose too much.
Ronald K - Market Psychologist - A Stock Market Opportunist
