Priced reached 2012 levels. Sales are good. Many new branches opened last year. (See their investor relations on wholefoods.com). It the intermediate term, I'd say going up. Short term may go down just a bit more, mayte to $30.
High end of today's range. Sing me some Aerosmith:— "Go-in down…"
Turned back down and where's your next support? $96, I'd guess...
High End of Day's Range, going down now, I say.
Up 2.5% on no good news. Short and expect a quick 2% drop.
Backwardation means eventually it'll come down. So I'm shorting it on this bounce up, even though it's the opposite of what everyone else is suggesting.
Long term daily downtrend has reversed. But on the shorter time frame, price hit resistance around 21.55, and bounced down from resistance line. But it will go back up.
New trend established, and now price is at the demand zone where it took off from yesterday
Hit that level again. This growth stock is topped the larger time frames.
Price at the highest so far today. I think a downtrend has been established for ADBE and I think it ain't going up much more today. I'm shorting ADBE like I'm shorting NFLX — short it on the bounces, cover after it goes down. A mirror of the classic "buy the dips" strategy.
Price seems to have established a down trend channel. I'm shorting on the bounce-ups and covering on the lower points, looking for gaps (like that one below $103/ per share).
Sold some off at $20.35 (+3.5%). The long trend down, bouncing again yesterday, just a bit lower than last weeks big bounce, up over +3.5% today, back to what will probably be today's low of just over $19.82 (+0.9%). Buying some back.
Already long on KATE, buying more on this dip. Regarding the gap below, will it gap'n'go through it, but will turn around before it gets to that gap? I don't know! Your insight is wanted here!