Just want to save your money. A stock being high in price is not a good reason to short. The high tends to go higher. To make money, you must first make trend your friend.
I was so pleased that market action so far has confirmed my earlier technical analysis posted on this board a week ago.
BRCM technically looking strong by: mc2k
8491 of 8491 BRCM chart has formed an ascending triangle. Conventional chart wisdom suggests that nonsymmetrical triangles will yield to a trend in the direction of the slope of the hypotenuse. Let's see if the market action agrees with this technical analysis. Best of the luck to BRCM longs.