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TradingConsultant
15. Aug. 2016 10:23

Missed the breakout waiting for pullback  Short

Beschreibung

I am short this one at 1032 let us see a move towards the flag as looking aewsome i am not seeing any kind of bull volume so staying in short is a good idea

Let me know if u have similar or other views about it.

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Kommentare
tomj2417
Tricky chart this stock fro me: From an Elliott wave point of view it completed 5 waves up in 2011 and looks like it completed three waves down in 2016. The question I ask myself when I consider this stock is whether the uptrend happening now is a 4th wave correction or the start of new bullish cycle in a wave 1. Difficult to tell. Here is my take on it.
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