Thursday, November 6, 2014

Opened Short: YOD

I shorted YOD yesterday at 2.97.  My hypothesis on this trade is that the move has now aged and momentum is leaving.  That gap should fill.  That being said, I drew the fib lines on the day 1 breakout.  Very Interesting.  The pull back day pulled right to the 23.6.  Yesterdays move ran to the 161 and the pull back stopped at the 100.  Coincidence?  

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