Many chartists draw TOO many trendlines to gauge direction. Usually one trendline is enough.
Much like AMAT expecting reversal next week as key Fib. Level approaches.
The share is very expensive, so it has room to fall.
Set Market order @ 216 .83 , with 2 targets to take profit :- 1) @ 194.75 2) @ 159.49 - one day close with momentum or good volume under 194.75 with reasonable stop loss @ 231.56
We will suggest Bearish Vertical for BIIB Jul13 195/200 with 0.55 huge profit in case price goes down below 195
