IBD50 Update. Reverses higher but still under 83.05 buy point in cup base. (courtesy IBD50 Monday Special for August 12, 2013)
Comments
BitcoinMedusa
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Concerns for me are : (1) should name get hit on the rhetoric/fundamentals being better understood a (2) sharp undertow to the 66.97 (50%-percent fib retracement) gives us that attraction point to (3) the 200EMA. wow, whoa & eeeks. What does this do for the name, the market and the sentiment of the IBD50 being that it meets criteria week after week. Sincerely, Beauty