N Short; Head and Shoulders; Big Volume; Poor Fundies Short

Description

⋅ Feb 1, 2015 3:19 AM

N Netsuite is a extremely weak fundamentally with a high PEG ratio. It has just confirmed a Head and Shoulders trend reversal pattern by breaking the neckline on big volume. A short entry has triggered.

Des
Owner of Grok Trade; trader of 17 yrs.