Today HEAT surged over 24% in what looks like the start of a multi-day bounce. With the 50DMA sitting close to $1 and the 200 DMA over $2.50, this stock has a lot of room to run on any rally.
The stock remains incredibly oversold. Obviously the selling could resume and the stock could fall to fresh lows. That is the risk. The potential reward is the stock rallies hard and hits $1 - $1.25 a share or almost 100% from current levels.
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3 comments:
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ENTB
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