chartmojo

Trailing for a Short op..may take awhile

chartmojo Updated   
NASDAQ:CREE   None
Great company and all that. This chart just kind of screams parabolic move into a long term trend line w some horiz resis just above. Just like the cyclic look to this and the perhaps unsustainable parabolic move up. If we get any market weakness this one could get interesting. Great company, good products, lots of folks like this one Zacks etc. Jus saying..
Order cancelled:
play if forward its back up to descending trend line resistance and near horiz resis will be following it closely here lets see if its still a channeler
Trade active:
nice channeler..back to another significant lever/move
Comment:
nice move thx Cree

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