This was a pain in the a**
Not sure what action to look for other than what moving averages are telling me. Multiple time frames lead me to believe this stock is going to go down. We've not been testing the 260 level for about a week or so now with only one push above the 267-268 resistance. Stock is bouncing off moving averages (50D & 200D) in a bearish fashion in multiple time frames as well.
Entry Point: Confirmation under 260 support
Price Target: 255, 251 & 248
Not sure what action to look for other than what moving averages are telling me. Multiple time frames lead me to believe this stock is going to go down. We've not been testing the 260 level for about a week or so now with only one push above the 267-268 resistance. Stock is bouncing off moving averages (50D & 200D) in a bearish fashion in multiple time frames as well.
Entry Point: Confirmation under 260 support
Price Target: 255, 251 & 248