$LOW a short appearing updated …updated
1/14/2017 – can you see the Head and Shoulders Set Up coming at us …? Totally wrong above the $81 dollar gap. Wouldn’t play w/ it if it gets above there … will need to CTRL-ALT-DEL
here’s a chart all cleaned up …
08/17/16 – so we have a gap down today. cool, whatever … a pattern was present and it POTENTIALLY worked this time. key here is to go big picture and go “LOG” chart … as you can see we have shown the propensity to negate the trend from 2011 by the breakdown today but we are still “far off” from a trend change .. not saying it won’t go much lower (it could) or that it wont seek the low 60’s but for now it’s working and if you played w/ LOW move your stop to entry and forget about it …
here’s what happened today .. pretty nice bounce back at the end of day trading but some seriously liquidation.
will try to keep up w/ this one, cheers for now.