10-28 Looking like its building a broadening top to me. So, that all said? For me the "what to watch for" for shorting is? To watch this sell off over the next few days then the bounce (if we see one). IF IF IF that bounce forms a bear channel? Then I salivate on the short side. Think Just when you think its safe to get back into the water (bulls) that's about the time the sharks show up. Time will tell These are not recommendations, trade at your own risk. For informational and educational purposes only.
Correct, it doesn't include the opening drop today. To me that doesn't matter.
What matters is when it bounces for a few days. Again, I'm looking for a bear channel to
develop over a few day period. IF it happens great, If it doesn't then so be it. For me its:
No pattern, No trade. I don't chase stocks long or short AFTER a reactionary spike, but that's me.
masud786
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This isn't including the afterhour drop ($10 drop).
What matters is when it bounces for a few days. Again, I'm looking for a bear channel to
develop over a few day period. IF it happens great, If it doesn't then so be it. For me its:
No pattern, No trade. I don't chase stocks long or short AFTER a reactionary spike, but that's me.