NYSE:EMC   E M C CORP MASS
98 2 0
Big resistance area right here
timwest PRO
2 years ago
Are you shorting this and if so, what is your stop loss? 26.43? It looks like it is above the big volume day from Jan 29 when it sank from 25.40 down to 24.64. Also, it is above the high volume down day from Oct 22 from 25.24 where it closed before dropping to 24.04. If you look at the chart from a volume perspective, it is sitting above where the highest volumes have traded. Just a different perspective based on the two-highest volume bars on the chart you have analyzed. Note the 3rd highest volume day is back in May and is also around the same price zone. Interesting. TIm Monday, 8:35PM EST Feb 17, 2014
Reply
KLang PRO timwest
2 years ago
I don't see a short set-up here at this time, but this is a challenging area and I wouldn't be long here. That selling tail on Friday tells me this is still an important area.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out