Posted by frtaylor on 14th of Aug 2012 at 11:36 am
Matt or Steve, if you have a moment could you take a quick look
at KSU. I'm short, my stop is at 76.03. Seems like the
diamond pattern isn't holding. Thanks.
The market has been uptrending so shorts are not as easy and KSU
is still making higher highs and higher lows despite rising on
declining volume. At the time of posting KSU it was near
resistance around 75 and moved down nearly $5 to it's 20 MA where
it found support. I also sent you a private message.
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KSU - still okay?
Posted by frtaylor on 14th of Aug 2012 at 11:36 am
Matt or Steve, if you have a moment could you take a quick look at KSU. I'm short, my stop is at 76.03. Seems like the diamond pattern isn't holding. Thanks.
The market has been uptrending
Posted by steve on 14th of Aug 2012 at 11:48 am
The market has been uptrending so shorts are not as easy and KSU is still making higher highs and higher lows despite rising on declining volume. At the time of posting KSU it was near resistance around 75 and moved down nearly $5 to it's 20 MA where it found support. I also sent you a private message.