hassan_chr
Short

CYDY PT1

OTC:CYDY   CYTODYN INC
66 0 10
RSI under 70, potential upside left.

Enter a short position at 1.4180 or higher, cover at 1.1090.

You can trade the consolidation area highlighted by the yellow triangle, from 1.26-1.38 with very tight stops, as once the consolidation is broken, 1.090 is your next stop.

Only high volume trades, min. 1k shares.

(ps. If price fails to break fibo/consolidation/support at 1.3050 (unlikely), cover, take profits preemptively and wait for re-entry, price target remains unchanged.)
Trade active: $$$ Jackpot $$$

Price target reached beautifully, closing half my position here and taking profits.

Price bounced off 1.0534 fibo, watch for support/resistance at 1.2263 and 1.2195.
Trade closed: target reached
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