L_T wrote:Cobra could you please review a 5 minute chart of BBY for me and tell me what you think? I went short yesterday at the close because of their breakdown and so far things are working out.
I'm seeing down then sideways which I've learned from you usually means the trend down will continue. Thanks for your work here.
It has pos d on MACD and a higher low on the last push down, but it has had 3 pushes up, so hopefully it doesn't find support here....
L_T wrote:Cobra could you please review a 5 minute chart of BBY for me and tell me what you think? I went short yesterday at the close because of their breakdown and so far things are working out.
I'm seeing down then sideways which I've learned from you usually means the trend down will continue. Thanks for your work here.
It has pos d on MACD and a higher low on the last push down, but it has had 3 pushes up, so hopefully it doesn't find support here....
Thanks. You are looking much longer term than I'm thinking for this trade sorry I should have been clearer.
I've been watching breakdowns and breakouts a lot lately. I wouldn't be in this for more than 3-5 days. After that the momentum from the initial breakdown/out is gone.
I do have similar supports as you drew though.
Oh it's trying to breakdown as I type gotta go watch!
Al_Dente wrote:CRB commodities basket, check $CRB and $CCI
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BTFD just buy the f**** dip
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CRB, cute rear babe.
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