looks like the support hold and the 3rd time is not charm.
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TraderJoe wrote:HLF
Here is one that really burns me up, I was short HLF for 5 weeks and I closed my puts yesterday.. Damn, it's down 12% today..
What a great looking chart to short. You need to share charts like that! Can't blame you for taking profits being down 5 consecutive days.
I held my put options for 5 weeks and I thought the stock would bounce with santa rally so I sold them
Following the report that Ackman was short Herbalife, the stock tanked.
I'm neutral here but looks like bears failed again.
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OK, the 3rd time is charm. I'm neutral. 12 min to close.
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TraderJoe wrote:Hi TraderGirl,
If you get time, would you please give me your thought on YHOO.
I think it has topped;
MACD has turned down
Slow STO 5,4 has turned down
Volume is dropping daily
The last several days, the stock has only moved a few pennies total.
Thanks in advance!
Happy Holidays to you and your family,
Joe
Looking at the 2 hour....YHOO is currently up on declining technicals, but the last time technicals were declining the stock did a sideways correction....so ???
There is resistance up around 21.50 area..if I were going to take a stab at shorting...I may wait to see it get to that level...?? Lower risk trade at that level IMHO...
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Actually I hear bear raid sires as well. The UVXY manipulators got me to sell at the lows yesterday, for a small loss, but I am back in because the VIX chart now looks like it is close to a tipping point.
Thanks Fehro a very nice chart showing several good targets!
Last edited by jademann on Wed Dec 19, 2012 4:58 pm, edited 1 time in total.
My comments were dictated to me by homie the clown
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