BoonHooi
Short

MATTEL - Bearish Bat on the M15

NASDAQ:MAT   MATTEL INC
Mattel - land of the Barbie Dolls. No no... don't get confused with the Martell the brandy distillery.
I had a lot of barbie dolls in my house, I mean... my daughters had a lot of dolls when they were growing up.

Technical Analysis
After the gap down from $31 at the end of Jan, the natural thing to do is to continue to short this counter. I would only get interested to short this at the completion of the bearish Bat Pattern at $26.05
Kommentar: Price has gone below the PtA that I drew. This makes the Bat pattern invalid.
No trade
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