Pascal
05-18-2015, 03:03 AM
Although the markets broke to a new high, I believe that there would be less risk by shorting strength in weak stocks than by chasing things up.
GNC is a drug seller. It broke some days ago and is now bouncing back to resistance on a weak EV pattern.
It is a short candidate within the short zone indicated.
Of course, you need to catch the price on its way down, which means that you would short a reversal of the bounce. This requests patience.
Pascal
30218
30220
30219
30221
GNC is a drug seller. It broke some days ago and is now bouncing back to resistance on a weak EV pattern.
It is a short candidate within the short zone indicated.
Of course, you need to catch the price on its way down, which means that you would short a reversal of the bounce. This requests patience.
Pascal
30218
30220
30219
30221