E_Trade
Short

ESRX_Daily_Volatilty #4

NASDAQ:ESRX   ESRX
Volatilty #4
Comment: Nice Gap in act....these situations are common in Stocks...they're always a big opportunity to take some low risk trades from the top, in this case...
I think that it will be a 50% reatracement (which is a pychological level) and should be another point to place a very little short, more or less between 77 and 76...
But, as mentioned, the setup is below 74 with low size, and 68 to be sure!

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