The stock has performed much weaker than the market over the last few weeks. With the Wyckoff Wave showing strength in the last week this stock has only managed a half-way rally back. At the same time the Technometer has now registered an overbought reading.
We would like to sell short at the market, with a current buy stop to protect the short position at $115.87
Click Here For Wyckoff Wave Chart 06-27-11 Our last post ended with the Wyckoff Wave at point Y. The Wave was in an overbought position…
The Wyckoff Wave closed the week sharply higher, on much lower volume. The Technometer is extreme overbought. We closed strongly higher Wednesday/Thursday/Friday to end the…
Click Here For Wyckoff Wave Chart 06-08-11 Let’s pick up our study of the Wyckoff Wave at point M. Click here to view and download…
Click Here For Wyckoff Wave Chart 01-06-12 Last Monday, the stock market, as measured by the Wyckoff Wave reached an important high and began to…
The Wyckoff Wave closed the week only slightly higher, on low volume. We had expected the Wave to meet resistance at the previous support area,…
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