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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

A Lone Bright Spot for Bears in a Bull Party

chessNwine Wed Apr 9, 2014 3:43pm EST 2 Comments

YJRMIJz

Into the closing bell, a lone bright spot for bears is my General Motors short, which I announced on this blog and inside 12631 earlier this week.

The weekly chart remains suspect, seen below. And failure by bulls to immediately recapture $34 puts a major breakdown clearly in play.

See you after the bell for my video market recap.

________________________________________________________________

GM

 

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2 comments

  1. gorby
    gorby
    April 9, 2014 at 4:10 pm

    If they lay criminal charges watch out
    below

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  2. UncleBuccs
    UncleBuccs
    April 9, 2014 at 4:10 pm

    Chess, I’d love to see you ride it down to the bottom, and hop off just like this: https://www.youtube.com/watch?v=COiR_gZEGIE

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    • 0 Deem this to be "Fake News"

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