2006-08-01 07:40:32 · 3 answers · asked by Olivia 4 in Business & Finance ➔ Investing
Can I get a technical view?
2006-08-01 09:45:02 · update #1
I would buy the puts after earnings Friday. The chart does show a price breakout of a bullish price channel. I have a price target for 75.70 after earnings. Competitors beat earnings, but warned a weak second half of 06.
2006-08-02 05:01:12 · answer #1 · answered by chris 2 · 0⤊ 0⤋
why would you want to go short after a bullish signal???? there's another guy on here that had like the same question about BAB, it makes no sense. They're at 6 year highs, shorting is just dumb overall, anything could happen but that's generally a bad idea.
2006-08-01 08:54:50 · answer #2 · answered by billysimas 3 · 0⤊ 0⤋
No. It is on an uptrend. RSI shows negative divergence for last 6 months but is in bullish territory. You should not short until the uptrend line is broken.
2006-08-01 09:49:56 · answer #3 · answered by StraightDrive 6 · 0⤊ 0⤋