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Post by huh on May 5, 2016 12:10:27 GMT -5
I was in a Target restroom the other day. It was like a Bohemian bath house I tell ya. Should we be shorting this stock or is it too late? Personally think it should at least revisit $66 and change. Wait on shorting TGT until it confirms under that shoulder test line - still in squeeze territory until then. JMO
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Post by huh on May 5, 2016 12:24:17 GMT -5
Is this a dead cat bounce or are we finally going to get the blowoff, blow off top? Bueller? Anyone? Could still see 1 more pullback (IWM down to 110, VXX up to ~17.15) and then blow-off IMO. ES resistance is 2057.50. Over that and the pullback would likely be negated. Getting veery close
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Post by huh on May 5, 2016 12:34:05 GMT -5
ES hit the downside target of an overnight H&S. Watch for potential bottom pattern
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Post by walnut on May 5, 2016 16:52:21 GMT -5
I am feeling kinda bearish just from what I have seen at work, our phone has gone dead this week. I think money just tightened up, seriously. If the market corrects big, this business year is liable to take a hit.
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