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Somaxon Pharmaceuticals, Inc. Message Board

  • merlin1990@ymail.com merlin1990 Dec 26, 2012 1:25 PM Flag

    SOMX 100% Bearish

    Probability - Intermediate trend bearish, Unsustainable uptrend, may turn sideways.
    Probability - Extreme Overbought, odds definitely favor short trades.
    Probability - Short term typical rally, rally may start to slow.
    Probability - Mild bearish 3 day chart pattern with Mild 3 day distribution.
    Probability - Excessive Up trend (1 month), not sustainable, occurs only 5% of the time, expect trend to turn sideways or lower.
    Confirmation - at resistance

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