


Lets get this bounce initiated. Possible retest of high. On watch
Since 2013 - Yahoo remains on the bullish trend. Even under this 2014 (6 months) consolidation. Time is getting closer for some decision on the price movement.
Megaphone (Inverse Wedge) pattern, Previous Inverted Wedge was on NDX.
whether you trade indicator or you trade price action Same story.
The recent trend shift on downtrend is strong, Expect a Trend retest, if the 2013 Primary uptrend holds.
This is what I am looking for, But mostly will look for short, Retest trend line is happening. With earnings on 11/7 i would not be holding it over for a long time, on any trade i take on this.
JCP - Entry @ 8. Would wait to see the short interest on this stock (Oct 15th) Liquidity would hurt the the days to cover numbers, Previously the Short to float ratio was greater than 20%. There is a good chance some of it is covered, but there must be some more action, left. Whether it be short covering or buying pressure, I am in. with some tight s/l