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jangseohee
Aug 31, 2014 1:25 PM

How much higher before it vanishes? Short

Description

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.

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