jangseohee
Short

How much higher before it vanishes?

NASDAQ:WLB   WESTMORELAND COAL COMPANY
14 3 0
WLB             has been on a exponential price bandwagon since Jan 2013 finally ending with yet another high spin wave candlestick . How much higher can it goes?

I would prefer to take the short position at 43-44 knowing the upside can be > 44.

RSI has hit the resistance as shown in the horizontal line.

bull flag
buy
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remember in the post above i comment about shorting around 43-44 :-)
here is the zoom in
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Profit take taken well at 24
Remember: parabolic up is no good
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