NickCoulby
Short

Centurylink could experience some vicious downside

NYSE:CTL   CENTURYLINK INC
104 5 3
Range expansion below to the downside with 2 earnings levels as a ceiling, could activate a 10 week price fall on the weekly scale. Discretionary short now offers 7R.
Might pay really well.
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It had a long downtrend already this year. Think about just a test of the bottom of October as a possibility.
+1 Reply
Even that would be terrific.
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Might be wise to back out.
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NickCoulby PRO IvanLabrie
Yes, had I been in this I would be trailed to most recent RE open (stopped by now), and if no RE then need to close after 5 bars no new low
+1 Reply
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