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.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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