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clubdefinanzas
Feb 13, 2014 2:17 AM
Short ROST. Clear head and shoulders.
Short
NASDAQ:ROST
1D
Ross Stores, Inc.
NASDAQ
Description
⋅
Feb 13, 2014 2:17 AM
Price entry: $70.36
Price-target: $60.44
Stop-loss: $74.74
Need a drop for a confirmation of the pattern. Stock has spiked on low volume, showing there isn't much upwards strength to it. Expecting the stock to use this $70.36 price level as new resistance and drop eventually to $60.44(price-target).
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