Wednesday, May 21, 2014

How to Watch PETM Breakdown

PETM was hit hard today on earnings.  The stock not only has a huge down bar, but also has a big gap to fill.  I will be watching this stock in the coming weeks to see if it "fills the gap".  If it does, that could provide a good short entry.  This is one of those stocks that will be watched for a while before setting up.

 

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