I am studying an interesting stock called Cogent. The stock had been trending up for many days the the buyers were consistent in their buying activity and nothing seemed to be able to stop this buying. However looking at the current selling activity, it looks like the bulls get worn out and the bears are coming. The problem is this stock cannot be shorted and hence I am looking for another point of entry after it suffered that long waited selling.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
