cz4r777

cz4r777

multiple indicators pointing toward long - breaking out of cup with handle - above 200 Day MA - break above near term high approx. 197 - just cross the psychological 200 mark - all 4 are buy points on there own Disclaimer NOT INTENDED AS INVESTMENT ADVICE

cz4r777

After break of low around 17 BAYRY retraced to breakout down - broke the 17 low into new low territory - has retraced to breakout Note: with all the litigation, the potential damages claims, BAYRY has such a big question around it, it would appear there is only one direction it can move, how big is is anyone's guess? maybe the lawyers can tell us....

cz4r777

- Break down at 64 - In new low territory - lower trending RSI - MACD points lower Disclaimer NOT INVESTMENT ADVICE

cz4r777 Updated 

- MACD cross blue cross red - MACD cross below zero - break short term price trend - break below 200 MA - 2820 resistance rejection - break RSI trend Position: Short, 5-15% downside then looking for a reversal could see a test of 2350 before reversal

cz4r777

Up Trending RSI UP Trending MACD Breakthrough near term level 183.25 Test at 188 - this will be interesting, I think it will break through after some initial resistance, but I will be watching closely. its going to be exciting! NOTE: I was initially bearish and short the market until the break out around 175 - Mr Market has his own mind Disclaimer NOT INVESTMENT ADVICE

cz4r777

Position: Short, 5-15% downside then looking for a reversal