2waytrading

Continuation Wedge (bearish)

Short
BATS:FCS   None
0
FYI the company will report Jan 15 the price formed what looks a bearish continuation pattern that has a measured move of 20% downside, but due to earning next week, its good to wait and take position after earning. If you can handle the pain in case the pattern fails to hit the target you can make your stop loss at recent swing high $15.50. Join us http://www.woowtrading.net

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