Although this may not be for long, if you are looking for some nice profits in a hsort period of time, XME is a nice short in my opinion.. This it closed right on support 3 with heavier bearish volume than bullish volume... It seems as it was going to consolidate and try to retest but seems as if it failed.. The bearish engulfing candle has confirmed a short...It has dropped below the 25 day EMA but be on the look out for the 50 and 100 Day EMA's as those might be turning points. Also as price drops below each blue horizontal add some shares until it gets to the original bullish pivot and watch price action...
Let me know with any comments
Constructive criticism is always welcome!
Enjoy 2017!!!!
Let me know with any comments
Constructive criticism is always welcome!
Enjoy 2017!!!!
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