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tyler_sim
Aug 3, 2016 10:43 PM

Large Sell Volume on GNW, 15 MIN Short

Genworth Financial IncNYSE

Description

Large selling volume on GNW on last 15 min. of the day. Trend beginning to go slightly bullish after a healthy earnings report yesterday.
Apparent negative divergence in RSI formed today as well as the MACD falling off a cliff on the 15 MIN chart.
Will think about entering a short position on paper if price can break through next support level around 3.47-3.45.
Comments
tyler_sim
If I had entered a short position, on paper, at market open yesterday I would be out by now to capture at least a $.07 move and cut risk.
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