At the bottom of a downtrend, on the cusp of a new launch, just a few weeks before excellent earnings release in which mobile ad revenues surpass analyst expectations...
Sentiment: Strong Buy
Go Back To Sleep.Nite Nite.........................
Those odd large sells are being eaten right up! Nothing will buck this up trend!
The technical candle print from yesterday is a very powerful bullish reversal candle. This morning's weakness after the strong open was a head fake, or bear trap, that covered the initial gap up.
If today's trading range holds up, we could get to near $27.50-$28 tomorrow or Friday.
It's a trade.. as U may see it
Tomorrow is Friday....I meant Friday or Monday.
Shorting now is illogical. Might as well buy options or warrants or put the money into google instead.
The money flow pattern, the break of the H&S, no drop of the right shoulder, going into earnings. Shorting now appears very very risky.
Take that money and buy DIS or short the DOW.
Here we go - $28 before close