Bid is up massively due to news a while back of a potential buyout. It's been in this range for a week or 2. It's looking like it could fat tail in either direction. Going back to 2016 was the most recent that Accumulation was around 170M I'm watching for a drop into distribution on this with alerts on either side of the BB. Potential large move coming, just can't...
BID seems breaking down from long term upward channel. This seems interesting short setup. We would consider a short if it breaks below $47.83
We would also consider $48 October Puts, currently $1.33
* Trade Criteria *
Date First Found- August 11, 2017
Pattern/Why- Long term upward channel
Entry Target Criteria- Break of $47.83
Exit Target Criteria-...
Sotheby’s: How the Rich Sell things. Inside view of the status of the rich and the velocity of money. The trickle down policy by the FED is now flawed as the rich are turning into savers. Remember most assets out there are misplaced due to QE, and perhaps the rich have now realized.