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LPSN buy at 7.51 or buy at 6.67

|Includes: LivePerson, Inc. (LPSN)
Please see my previous LPSN blogs.
 
About noon monday 7/26/10. 7.10 7.40 7.05 7.35 actual prices
                            103.7 102.2 109.9 106.4 as % of 10 d avg
                            6.85 7.24 6.42 6.91 actual 10 d avg
This yields a Green low Yellow bold Black Red High
 
Two places to buy this week:
1) IBD buy high sell higher high 7.24 x 103.7% = 7.51
   Buy at $7.51 if the volume is there.
 
2) Red high of 110% is usually a sell signal. Last time the low    dropped 30% in one week. AKA the flash crash.
   We will use an average drop of 6.6%.
   109.9% - 6.6% = 103.3% x 6.42 = 6.63
   This approximately yields last weeks TH buy of 6.67.


Disclosure: buy limit of 6.67