OpenTable Inc (NASDAQ:OPEN)
Started by
Costa
, Mar 03 2013 04:05 AM
1 reply to this topic
#1
Costa
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- Traders-Talk User
- 660 posts
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Posted 03 March 2013 - 04:05 AM
OpenTable Inc (NASDAQ:OPEN) surged 4.8% to $58.27 per share on Friday breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with the MACD on top of signal line and 50-day SMA on top of 200-day SMA. Fresh buys can be initiated with a stop at $52.74 (50SMA).
Costa
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#2
CLK
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- Traders-Talk User
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Posted 03 March 2013 - 08:55 AM
Careful.....I've got a sell on OPEN for Monday, also the big up volume marks topping zones in this one.
Edited by CLK, 03 March 2013 - 08:56 AM.
