timwest
Short

Pandora Media Inc P Daily - Short with stop over 26.2 resistance

NYSE:P   PANDORA MEDIA INC
262 0 5
Note the high volume rally in Pandora back up to test the earnings resistance line at 26.2, and then how volume has tailed off since that test. It implies that a retest of the lows is coming and we can use a stop over the recent highs (or 3 ATR's from entry using 11-day calculation).

Note how well these "HIDDEN SUPPORT AND RESISTANCE LINES" have been for Pandora over the past 9 months.

25.30 last +0.01

Tim 11:21AM EST 5/29/2014 Thursday
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