WolfCOO
Long

RAD long great entry point to resume uptrend

NYSE:RAD   RITE AID CORP
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1
RAD has been on fire 2013-2014. I believe it will continue its uptrend as its building a base around this support area . My TA skills are not the best so I'm sorry for my lack of indicators and explanation ( I will Improve) but from a simple trend line and support are you can see that the stock has rebounded of its trend line and has held its support levels very well

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I am long and entered at 7.26
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Took some profit at 8% This stock has the chance to gap up tomorrow. Waiting for a pull back if we see it to the $7.30 region to buy back in might not get there
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