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Pascal
01-16-2014, 12:10 PM
If you want to add to POT, a pull-back to the support shown in yellow could be good.
Of course, nobody says that the price will pull-back to that zone, as money is moving back in.


Pascal

21867

Pascal
01-16-2014, 12:25 PM
HLF lost 7% today. Good that we closed the long trade early tomorrow.
However, today is another day and when there is a big drop, I like to see how large players are acting when an intraday bottom is tested.

In this case, LEV is negative on the test. This means that there is probably more weakness that needs to be expressed down the road. In other words, a bounce to $76 could be a shorting opportunity.



Pascal

21868