juniortrader
Short

Horizontal Channel Short, MYCC

NYSE:MYCC   CLUBCORP HOLDINGS INC
Price has bounced off of resistance on the horizontal channel and is on the move down. DMI showing bearish trend , MACD sell signal, 13 Day MA about to cross 9 Day MA, Parabolic SAR about to show sell signal. Volume has also gone down by a large amount. Price targer around $13.24, then will reshort if the trend breaks the middle support.
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