Pascal
10-08-2013, 10:52 AM
The 20DMF shows weakness today.
Furthermore, GOOG, which was showing some signs of positive MF yesterday is now under selling pressure, together with most of the Internet related stocks that have been so strong in the past weeks.
My "P" stop loss was reached and I sold YOKU in strength early in the day.
I would wait before entering any new long for now. We need to see a positive MF.
Pascal
20279
Furthermore, GOOG, which was showing some signs of positive MF yesterday is now under selling pressure, together with most of the Internet related stocks that have been so strong in the past weeks.
My "P" stop loss was reached and I sold YOKU in strength early in the day.
I would wait before entering any new long for now. We need to see a positive MF.
Pascal
20279