Collective 2: SBAC out


After the SBAC rally on Tuesday I decided to raise the stop to lock in further profits. Unfortunately the position was stopped out Thursday for a $2,045 gain, on a 500 share lot over a 3 month period. Tuesday's new highs on falling volume is of concern and it will be important to watch volume action on the next pullback. The 50-day MA looks to be a likely place for a test of support as it was in December, from here one will get a better idea on how the next base will take shape.





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