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Biogen Inc. Message Board

  • insect_insight insect_insight Dec 21, 2012 12:52 PM Flag

    BIIB intraday floor failed = time to short now

     

    Looks like I may have misinterpreted the BIIB chart and its inability to hold an intraday floor at 150 is bearish.

    Time to take shorts--- and that is what every SMART trader does....when the technicals change, the position has to change. No SMART trader stays married to a position, long or short, if the technicals can no longer support the position.

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