But keeps going up & up. Sold some shares to buy back when RSI comes down but it keeps inching higher on few shares considering the size of the float.
Guess the sellers were exhausted during tax loss selling. This was a tax loss long trade for me. Will load up on pullbacks & would hold the present shares for higher prices or when it gets into a new trading range.
The stock has almost doubled from the bottom but this stock was coming from a very low price or at the cash value of the company.
Even though they are incurring losses the stock is low risk at these prices.