4 Attachment(s)
Short VRTX on a Breakdown on Volume
VRTX is a biotech company.
We van see that it has been weak lately, but slightly better than the rest of the market.
The stock is shortable on a break below the last low, but only if Volume is high. If volume is low during the break, then the probability of a bounce is high.
Pascal
[ATTACH=CONFIG]33802[/ATTACH]
[ATTACH=CONFIG]33805[/ATTACH]
[ATTACH=CONFIG]33803[/ATTACH]
This is the data relative to a breakdown on low volume.
[ATTACH=CONFIG]33804[/ATTACH]