Monday, May 12, 2014

Full Position Update

$BTU is losing enthusiasm and volume for legs upward and the MACD shows it at least coming back to the 20 day moving average. $KO shows consolidation and a negative MACD.  $FTR has an hourly and 4 day chart that shows some tipping in upward motion, however it has been swimming the channel. $SNTA is following an obvious descending triangle and not much needs to be added. Waiting for true indicator of a reversal trend upwards before closing short position.

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