OVTIcular
Mixed bag here. May have jumped the gun on selling my puts. I got a little worried on some afternoon buying so chickened out - concerned the small rally would turn into a bullish non-confirmation of the bearish flag breakdown. If the flag plays to form it should go down to $15.00. However, any short covering could trigger a push into the mid-$18s which would bring the buyers back. Features on my public stockchart list. Please vote for the list if you check the stock out.
Comfort for the bears - the sequence of indecisive dojis beneath the eventual cross of the 20-day and 50-day moving averages suggests downside will resume very soon.
Jan 3rd: Bgt Jan 06 puts $4.90
Jan 7th: Sld Jan 06 puts $5.10
Comfort for the bears - the sequence of indecisive dojis beneath the eventual cross of the 20-day and 50-day moving averages suggests downside will resume very soon.
Jan 3rd: Bgt Jan 06 puts $4.90
Jan 7th: Sld Jan 06 puts $5.10