DXY is looking bullish . GOLD is retesting a very strong support area . showing us a falling wedge pattern, trendline magic Three touch formation, lets not allow the pairs to confuse us, technically they can all work out if we were to look at probabilities. Market manipulation this month will be very hectic, be on the look out for this set-up. proper risk will save you.
AM NEUTRAL ON YAHOO, MAY SEE SOME NEW HIGHS DUE TO THE NEWS OF VERIZONE BUYING SOME ASSETS. BUT BECAREFUL. ONCE IT BREACHES THOSE GREEN LINES, IT'S A SUCKER FOR SHORT.
techcrunch.com
Yahoo has produced two high probability patterns that would fit well in a bearish channel. The cypher (purple) formed right after the rejection candle at $32.17 at the 1.27 extension measured from the X to A leg. Price also put in a double top at $39.64. A Gartley pattern (red) shortly appeared right after. The kill zone for the bearish Gartley pattern is at...
Monster Beverage Drops On Stifel Concerns
***** (finance.yahoo.com) 03/06/2014
Shares of Monster Beverage (NASDAQ: MNST) fell more than three percent Tuesday morning on comments from Stifel, following the shareholder meeting.
Stifel reduced its estimates on weaker-than-expected sales growth for the past several months. Analyst Mark Astrachan backed up his claims...
