Posted by: OBAMA November 15, 2011
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TTMI for short :
Being bearish for short-term, i was looking few stocks on my scan. Like to share one of them with u all.
TTMI @ 11.01
short at market for agressive play
short below last week low of 10.43 for safe play
target 8.50 for short-term
longer-term, expect to see under 4
Stop out @ 12.00
less risk preference: stop out @ last week high
Risk/Reward ratio approx. 2 to 1
Fundamental reason: decelerating eps
Technical reasons: overbought, failure at gap, weekly price actions and short-term market outlook
Discussions appreciated. Do your own due dilligence.
Happy investing/trading guys
Being bearish for short-term, i was looking few stocks on my scan. Like to share one of them with u all.
TTMI @ 11.01
short at market for agressive play
short below last week low of 10.43 for safe play
target 8.50 for short-term
longer-term, expect to see under 4
Stop out @ 12.00
less risk preference: stop out @ last week high
Risk/Reward ratio approx. 2 to 1
Fundamental reason: decelerating eps
Technical reasons: overbought, failure at gap, weekly price actions and short-term market outlook
Discussions appreciated. Do your own due dilligence.
Happy investing/trading guys