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Allie


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Considering shorts on Home Despot- declining upper trendline on daily, doubtful it will break, also crisco- bearish flag on 5 minute, very weak today, dell-resistance at 27.50. What about scam week? Why not go 1/2 or less on each, tght stops. SG, Bont's 21 day on p/c,Doc had that chart not long ago in Anals. Too much to lose not being short, gonna keep one foot in. What da yall think?

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$HUI at horizontal resistance:

 

SharpChartv05.ServletDriver?chart=$hui,uu[l,a]dacaynay[dd][pa141.82!b200!f][ilb14].gif

 

There is still chance of going even higher to 155 - but it is getting increasingly risky here. Note the 14-day RSI. A sell-off at this point will generate a very bearish signal...

 

Regards,

Vesselin

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