I hope I don't regret this, but I've never had more emails about shorting a stock then PCLN, everyone wants this one.
The only reason I bring this up is because the risk here doesn't look bad as PCLN formed a tweezer top today which is also a reversal pattern. I'm looking for a move potentially in to the gap.
The stop would be above today' highs.
60 min
30 min
15 min
2 min
If you take this trade idea, it is essential to honor your stop, I would be a little above the highs and take fewer shares.
No comments:
Post a Comment