Anyway this is why i took a short position on CTX where it is today. Stops to be tight would be just over the 12.60 area but to give it a lower double top/double top scenario i would look to put stops over 12.75 (previous highs in April)
Lets see what the market wants to do. Purely speculative and no lower swing top to confirm this trade!
It is a slow old day Scott - hard to get a good setup I think.
ReplyDeleteThanks for your blog - I have installed the Feed Notifier program so I see them as you post to twitter. You make me think - you have good ideas and it helps to have them as prompts sometimes.
Your CTX seems to be behaving now.
Good luck with it all
Raine