back to the 20sma
up for no reason.... my prediction... back to the 20sma
Penske breaks out after an earnings flag... The 9.7 p/e ratio is low compared to history. For a more detailed analysis go to www.speculatewith.us
long
Bounce
trendline breakdown
triangle breakout
next break ?
break
Breakdown
A bit messy but looks to the downside
Looking for a breakdown to continue the longer term downtrend
Will FXI consolidate ? I am long term bearish waiting for the opportunity to strike.
I can't decide if i should wait for the breakdown or just short now with a trailing stop
Short term uptrend meets long term downtrend at resistance area. I think it will turn back down soon.
Will price consolidate or fall ?? I think consolidate for a while.
Bullish settup
