It has been a couple of days since ShawnZ signaled sell on daily chart. Since then, it has been rejected at the 20 Daily SMA. If someone got a short in this afternoon, it should pay handsome. These are setups which one dreams of - Sell the Rip at the best possible price.
Of course, I could be eating crow on Monday. Time will tell and TV will record for posterity. I am not taking a real position on this. So, one can argue I don't have skin in the game. I will see Monday morning.
Caveat emptor. Good luck!
Of course, I could be eating crow on Monday. Time will tell and TV will record for posterity. I am not taking a real position on this. So, one can argue I don't have skin in the game. I will see Monday morning.
Caveat emptor. Good luck!
Comment:
The crow was yummy. The very next candle after my comment changes direction and the ATVI ticker is suddenly jumping up like a jumping jack! I actually get paid by companies to write about them. The market moves opposite of what I write. Mr. Market is listening to what I say and does exactly the opposite, every time. Put this on TV for posterity.
Trade closed manually:
bad idea