avis06
Short

Quick bearish trade on YHOO

BATS:YHOO   YAHOO INC
89 3 0
See chart
Got triggered and hit target on 6/20.
Reply
Thanks, I used the tool called the Fib Speed Resistance Fan. I used the lower shadow/wick of the candle on 8/31/2012 as a starting point and projected it upward.
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How are the diagonal trendlines drawn? Impressively YHOO retraced exactly to the second line.
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