jangseohee
Short

Trendline alone will do the job

NASDAQ:ULTI   THE ULTIMATE SOFTWARE GROUP INC
40 2 0
Ultimate software group             had decisively broke the long term daily trendline in late March 2014.
After finding its support and rebounce from 110, it was met with huge resistance at 150.
Hence, my first short target is 110, failing to hold could just mean that i have more profit.
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