We've adjusted our 'stop' price to support at $4.14 in order to hedge risk and lock in profits in the event that the market turns to the downside.
Wednesday’s Premium double-bottom bounce play, LodgeNet Interactive Corporation (NASDAQ: LNET), posted a strong close on Wednesday, after seeing weakness in early trading. We’d like to commend those who responded to our suggested pull-back entry, as the price tested support. Our ‘stop’ price has been adjusted to $3.31/share, after which we would anticipate $3.38 to act as a pivotal supporting level, should the price head to the upside. Significant resistance lies ahead at $4.05, a potential upside of 23%.
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