What about a short position on a company from the much talked-of biotechnology sector, where bubbles continue to blow off.
Here, companies have closed below the USD 5.47 support level for the second consecutive session. For those who are guided by the technical analysis in their decisions – if the gauge breaks through the support level and this move is confirmed,...
The share is in a steady uptrend close to the lower bound. It could trade to the upside with short stops at $17.32 and a $21 target. Profit taking is contingent upon the upper bound of the channel and the latest revision of NRF’s targets by Deutsche Bank.
My forecast participates in the Market Forecaster contest. Follow the link s30401946468.whotrades.com
to vote...
I suggest a non-trivial approach to the opening of a short position on MM. Changes in quotes reflect coincidence of moon phases and periods of fall/growth of shares of Millenial Media Inc. In order to combine aforesaid with technical analysis, I recommend to open short positions starting from a $2.00-2.10 range with the first target at $1.55
The next change in...
