your right it might find support there. If it gets there, I will
stick a stop at entry and see what happens after that. i don't like
the fact that the 200day is downward sloping. That just looks ugly.
For now, short of this and ready to stick in a stop at entry if
price gets around 18.60
Its already off 10cents in the last few minutes so its getting
there. Slowly but surely!!!
MYGN
MYGN
Posted by shippy on 9th of Feb 2011 at 01:36 pm
It is also a hairs breath away from the 200 ma where it may find support
your right it might find
Posted by vimal on 9th of Feb 2011 at 02:01 pm
your right it might find support there. If it gets there, I will stick a stop at entry and see what happens after that. i don't like the fact that the 200day is downward sloping. That just looks ugly. For now, short of this and ready to stick in a stop at entry if price gets around 18.60
Its already off 10cents in the last few minutes so its getting there. Slowly but surely!!!
MYGN
Posted by zach06 on 9th of Feb 2011 at 02:05 pm
Feb 19 calls are only around 35 cents... If you want to play it short with a hedge... it looks more like 19.00 is support to me..