2. and both in overbought areas
3. Price seems to be pretty overextended
4. Just finished learning Fibonacci's and the closing price of FORK is right around that 1.618 Fibo extension area, which is also a previous area of resistance
Signs against this short, that I can see, are:
1. in recent price action
2. Continued large buying
3. A recent pos . divergence in the 10 (However, the most recent price action that has taken place had occurred after the apparent divergence)
FORK opened at 3.20 this morning and stayed there for a couple minutes so that is where I put myself in at for 1k shares, now taking all off the table for a nice -0.30 move. Staying disciplined with profit taking. Price still outside Upper BB on 15 min, 1HR, and Daily -- so should continue to go down.