The diary of a market speculator who trades stocks and commodities using technical analysis, chart patterns and trend following methods. I can be contacted at SinghJD1@aol.com
Tuesday, October 20, 2009
SKX Ready For Pullback
I took a short position today in SKX. The stock is extended and today's indecisive price movement on high volume leads me to believe a pullback is in order.
Labels:
candlesticks,
overbought,
short setup
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