jangseohee
Short

Living on the edge

NYSE:APC   ANADARKO PETROLEUM CORP
31 8 2
APC             is living at the edge of this lower support channel.
2 condition will trigger my short position:

1. rejection by 20ema
2. bearish candlestick pattern.
updates
good profits
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HS didnt formed.
It went parabolic
so the green zone will be a short for me
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and yes, it gapped down from that bear flag!! very nice profit
yet another HS in the forming?
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Let's have a long term view
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Do you think we have resistance here at 88.40 zone? Thanks for sharing excellent chart.
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jangseohee ZaloRostam
88.4 is immediate support which could easily be broken if many shorts in US market is triggered!
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jangseohee ZaloRostam
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