Would look to get short for a couple of points lower if it breaks below $61.40 or so.
The price rose very fast and is growing slower now. This indicates an overbought market. I am looking for a correction down.
$GIS is now 53.12.Price Target Hit. Great HPS (High Probability Trade )
Divergence Status: Watchlist Update: Due to recent volatility and weakness I will not even try going long except on time frames >= daily Horizontal S&R: yes @50 Channel S&R: 60m MA S&R: no Stochastic turn/crossover above 80%: need to pullback to = 85: yes Price Fib Ext >1.382: yes Next Earnings date: 9/17 Increasing EPS: missed Increasing Rev:...