Audacity618
Short

Parabolic on Historical RSI

NYSE:YOKU   YOUKU TUDOU INC
This short takes a lot of audacity after this bullish run but... weekly and daily RSI are at historical highs along with a wolfe wave finish and previous trend resistance makes an opportunity for a quick short swing. The analyst targets for this are still below pps with a reiterated sell rating from Deutsche Bank. Selling calls up here is also a nice setup. "Zig when others Zag"
Audacity618
2 years ago
FIb Fan as well:
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