Clearbridge has been in play for the past 2 weeks as the stock suddenly broke out from the bottom 2 weeks ago. It signals that buyers were taking up the shares and the stock came back alive again after a long hiatus. As it trended higher, the buy/sell Q swelled and the buyers started to snap up the big volume of shares until it touched the 0.205 level where the stock encountered heavy blocks of sellers. As of now, I am watching this stock for more bullish signals. I am waiting for the ws and also I want to see how much more sellers first before taking a position. It's a good stock in my personal opinion but it requires some time for the chart to develop more bars to released signals.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
