Increased short at this time happens to be good for the longs... we have a rising stock price with opportunistic types like the Soros Fund and increased positions from Janus and Fidelity just to name a few. Not to mention we are finally coming up to that time where news is pending from company... GLTA
As they said in he Godfather movie, LOL .... 5.50 doesn't have that kind of power anymore it's old news .... not quite the quote but u get the drift
As I said in other posts... 5.50 once a resistance area now a non-event ... and 5.80 will prove to be the same non event
Yes surestock ... lines em up 5 10 20 50 then on to the 200 day... that 5.50 & 5.80 potential resistance areas will get cut down like melted butter ....
For that matter, you don't need to be posting here... especially replying to my posts, please stay away
Any day now,,,,Book it Danno
Best part about this in looking at the charts of all three, each have been so over sold and all seem to now be on a launching pad for a substantial move higher.
All heavy weightings in the IBB
Something cooking, no more slides, name of game at these levels is accumulation....
Soros fund doesn't get in anything if the opportunity isn't there... 5.80's will not be an issue this time around, headed toward the 200 day moving average IMHO ... You snooze you lose
They do know an opportunity when they see one... 200 day Moving average is my short term target
GAME ON ... TREND CHANGE
And they want to know why people hate wall street... DUH .... I don't cause I worked there & know how they operate but this was just stupid & someone should pay a price for it.
STOCK GETS HAMMERED ...$UCKEN CRIME.... WHAT A SCREW JOB .... Im not involved in this name and actually never was but this is a terrible way of doing bizzness.
Hillary is old news in every way .... Becoming clear to me it will be the Bio's that will take the lead now....Yep! Higher double bottom was in fact real.... Walking toward the 50 day MA which could very well turn out to be the launching pad that carries IBB to the 290 area and not far from the 200 day MA 303's.... BTW, look for the 264 print, it's the stamp of approval.