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Xafada
Jan 5, 2013 10:14 PM

Attractive Shorting Opportunity Coming Short

Description

If price violates Sept high on solid volume, there is higher chance to see 12% downside gain. Watch the rising support line which also falls at Sept high as crucial support level now. The company will report its earning sometime last week of the month so beware if you decide to take a short position to make your stop loss at recent swing high or March last year high. The price is above both its 18/9 days exponential moving average which makes the trade difficult but the chance is very high. Join us woowtrading.net
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