Vacationing in Carolinas I couldn't help but to take a look at Quarter reaction . Pavel, sell in May... seems that old proverb still sounds true as much as I dislike it.
Chart look terrible, not that we broke reliabl $14, it even didn't hold 50 SMA of 12.99 and now find itself at support of last December. It's a strong level around $12 and I bet we will bounce up from here soon. Specially with RSI showing way oversold . But as always ~ news is driving SP now. Water rights, Partner - those are the factors to push SP up but in mean time we are at the mercy of market makers. Evans better hurry up..