Showing posts with label short trade. Show all posts
Showing posts with label short trade. Show all posts
Friday, April 29, 2011
$CL 85.00 High for the day?
CL up over 2% today with upgrades after results yesterday. Yesterday was up around 3% . DOes that volume bar where it reaches 85.00 indicate a near term top? Shortred at 84.80.
Thursday, April 28, 2011
$WTW Shorting it.
-$WTW has been on a tear since last posting results. Yesterday there was a nice red candle on the daily chart showing the largest daily loss since last posting results; and this on a day the market was reaching new highs.
-Today it has recoverd most of the loss, but I am betting its a dead cat bounce and shorted at 77.90 close to the opening level of yesterday´s red candle.
-Today it has recoverd most of the loss, but I am betting its a dead cat bounce and shorted at 77.90 close to the opening level of yesterday´s red candle.
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