Good resistance test on A/R lines for MRK.
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pitchforks
- Thread starter racehorse
- Start date
I think I'll take GS and MRK short tomorrow. Here is GS with a measured move, showing the target to be somewhere near the bottom on the channel. Fib extension levels help confirm that this is a good target zone. I would have a 10 point stop with a 50 pt target... a VERY nice 1:5 risk reward trade.
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Good break down on Macy's today along that resistance line. Got my short order in for market tomorrow with tight stop at highs.
Damn.. up about 1,450 just on M and MRK shorts. I wish I had my short in for GS..god, i missed that awesome gap down!!..noooooooooooo!. lol.
Took some M off the table + 170
Took half of my KFT short off. +160.00 . Going to lunch. Good day so far.