NTRI looks as if it has formed a Diamond Top which is usually bearish. The on balance volume is flatlining, money flow seems stagnated - in or out. Trade in the direction of the breakout; if down, then a visit to at least the 50-day moving average sub-$60 level may be possible. Cross-post: http://www.thebulltrader.com/forums/index.php?topic=170.0
No comments:
Post a Comment