Pascal
01-16-2014, 12:26 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
21869
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
21869