andrew.berg
Short

CERN under pressure + relative weakness

NASDAQ:CERN   CERNER CORP
Overview
CERN             continues to underperform. Overall chart is very weak, below all moving averages . And It feels like stock can accelarate to the downside when futures will find resistance. Today, it dropped down on big volume and closed right on $50 support, which acts like strong psychological level.

Trade- and Risk-management
Break below $50 will add some fule. This could be my netry short with stop above $52.17 and target at $46 - support from weekly chart.
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