2waytrading

Bearish Top Triangle

Short
NYSE:CLD   None
1
This pattern has a measured move of 20% downside. The security is over valued by 20% from its historical multiples, and today's high volume suggest downside pressure is just starting. If you decide to take a short position, make your stop loss at recent swing high $20 with target price $15-$14.5. Join us http://www.woowtrading.net

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