Modine (MOD) is up 62% since I posted it here last week at $1.59, now $2.59. Mod just hit the 38% fib and a little pullback would be normal here, but this should have more upside. I see $3.27 (50% fib) as the next resistance and possibly $4.00(R2). But $2.00 needs to hold on any pullback.Tuesday, March 24, 2009
MOD up 62%
Modine (MOD) is up 62% since I posted it here last week at $1.59, now $2.59. Mod just hit the 38% fib and a little pullback would be normal here, but this should have more upside. I see $3.27 (50% fib) as the next resistance and possibly $4.00(R2). But $2.00 needs to hold on any pullback.
