The furniture retailer's shares are enjoying a great run, but should you continue to ride the stock even now?
Don't be in a rush to anticipate a bottom in the business communications company's stock as the technical signs are largely bearish.
Here's where I'd add to my position with this lithium compounds firm.
The stock has outrun most of the Wall Street analysts that follow this name.
Sentiment data continue to suggest an excess of bullish sentiment persists.
The objects of attention are Microsoft, iShares Russell 2000 ETF and VanEck Vectors Semiconductor ETF.
These D+ rated names are displaying both quantitative and technical deterioration.
Are they trying to tap the brakes or is this an admission that they cannot tap the brakes and must do more of the same to make sure risk taking accelerates to ludicrous speed?
ET appears to be in a breakout and could see more upside.
I'm going to target the shorter-term trade right now.