RCP_
Short

H&S taking form

NASDAQ:PEIX   PACIFIC ETHANOL INC
212 3 2
If PEIX             starts to fade in the 15.6 area then this trade has a good risk/reward. Not sure if we can break the neckline though and therefore my prediction is quiet conservative. Alternatively it goes all the way up to the other shoulder at around 18. (The second stop loss is an error - should be taken at same level)
http://www.stockta.com/cgi-bin/candle.pl?symb=PEIX&scale=log&trend=red%20Tops%20Long%200.0247207279899588%208.41%200.97%20black%20Bottoms%20Long%200.0199012408204609%206.15%200.72%20red%20Tops%20Intermediate%200.0200247971145176%208.87%200.85%20red%20Bottoms%20Intermediate%200.0225437918598661%206.40%200.96%20black%20Tops%20Short%200.00993791786055391%209.63%200.39%20black%20Bottoms%20Short%200.0184103437094682%207.39%200.49 stockcharts.com/h-sc/ui?s=PEIX&p=D&st=2015-01-15&en=2015-01-27&id=p98274563361
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No Go Robert

Double Bottom Chart: http://charts1.zonebourse.com/alpha1/ObjectChart.aspx?Name=13255970&Type=Custom&Intraday=1&Width=605&Height=700&Cycle=DAY1&Duration=7&Render=Candle&ShowName=0&Company=4Traders_us&NoRedirect=1

Daily BIG MACD Cross Over, Double Bottom http://stockcharts.com/h-sc/ui?s=PEIX&p=D&b=5&g=0&id=p86657544929

Weekly Golden Cross & Double Bottom http://stockcharts.com/h-sc/ui?s=PEIX&p=W&b=5&g=0&id=p04971518002
Reply
Looks good, are you already in this trade?
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