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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.21-1.1%4:00 PM EST

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From: Fintas5/8/2013 1:26:40 PM
1 Recommendation  Read Replies (2) of 218506
 
For the pnf types, take a peek at DIS. Look at it with a first the default 1 value and then 1.62 value box.

It's RSI chart is soon to run into a head wind.

So one would want to ask, do they want to chase 5% up with 20% down risk?

Remember this is DIS and not a high tech company or some company that is being acquired.

I have nothing against Dis. As the saying goes what's Mickey Mouse worth. Nowadays, it's what's espn, iron man and other worth.

However... from where I'm sitting that pattern is HIGH POLE and it's not IF it rolls but from where and then how deep.

If I can see it so to can others.

Fintas
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