perhaps, if you look at the MACD, it hardly budged while price
went from 67 all the way to 75 on the bounce, generally that's a
negative sign and it's right at the 20 day MA. I suppose you
could take a shot with a tight stop. the 60 min chart could
form an inv H&S if the pullback is similar to the last pullback
to 71 on June 25th, we'll see...
perhaps, if you look at
MNST
Posted by matt on 3rd of Jul 2012 at 11:01 am
perhaps, if you look at the MACD, it hardly budged while price went from 67 all the way to 75 on the bounce, generally that's a negative sign and it's right at the 20 day MA. I suppose you could take a shot with a tight stop. the 60 min chart could form an inv H&S if the pullback is similar to the last pullback to 71 on June 25th, we'll see...
thanks i see it now on the 60 min chart
Posted by morton13 on 3rd of Jul 2012 at 11:12 am
going to wait market trending up anyhow... apple gets going strong we could see a nice rally.
also probably does not make a good short
Posted by morton13 on 3rd of Jul 2012 at 11:14 am
candidate with rumors Coke may be buying them out potentially....
MNST already gave a quick
Posted by steve on 3rd of Jul 2012 at 11:20 am
MNST already gave a quick trade intraday - nice mention morton