EA had a similar setup last December and the result was a relatively straight 50% drop. I am not at all claiming that we will see that kind of move again (but it is possible).
Entry: Buy Stop at 13.59 (I want to buy it on downward momentum. Right now there is a fight going on in the .60's, if the Bulls win I don't want to be short.) Stop: 13.85 Target: 12.25
Comments
kevintinkle
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My short got filled at 13.59. Sorry about that Entry description. It was a Sell Stop, not a Buy Stop.