UFS

    Posted by coolhat on 3rd of Jan 2014 at 09:18 am

    UFS was downgraded today. Chart seems to sport a slight negative divergence on the RSI and if it breaks down MACD would have negative divergence as well. Wondering if you think it's a good short?

    http://stockcharts.com/h-sc/ui?s=UFS&p=D&b=5&g=0&id=p26963438945

    Happy New Year

    Posted by steve on 3rd of Jan 2014 at 09:21 am

    coolhat - would consider on a bounce that unwinds oversold reading on 60 minute (momentum traders could attempt to chase). 

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