CR

[Stocktrading101]

Shorted it this morning at $36.77. The trigger to me was the opening under $37. The stock reversed on friday on more than average volume. Not enough to signal a down trend, but $37 was support point. Will be interesting to see where it closes, could be another short point possible later in the day.

[Stocktrading101]

Just lost support at $36.30 and fell to new intra-day lows. Currently sitting at $36.22. I may short some more of this at the end of the day as a gap down may be imminent for tomorrow.

[Stocktrading101]

Shorted into a sell off at around $36 - $36.10 and over doubled my short position. It broke through $35 about 20 minutes later and closed at $34.94ish. The sell off towards the end of the day makes it look bearish for tomorrow but it could go either way since the market had a bad day today. Closed today down 3.23% overall.

[Stocktrading101]

Had an interesting low volume day yesterday as it climbed to the .50s and then got sold off at the end to close at .16. Today it opened up again but then reversed. I am still very bearish on this. The volume is drying up on these "retraction" days. I shorted it heavily in one of my simulator accounts to add to the fun. We will see how it closes up here later on. As soon as it falls under $35.80ish it is game over.

[Stocktrading101]

Today it opened up $.40 to $36.40ish, and once again within 20 minutes was down to about $36. I can't figure this thing out, for now it is back into the .40s. There has been alot of overhead resistance, but there is definately more buyers than sellers. I don't know why the stock keeps reversing mid to late day and closing at the bottom of the day, but hopefully it leads to a break of $36 soon.

[Stocktrading101]

Fell below $36 support today and was down as much as 1 point earlier. Right now it is sitting at around $35.60ish. A definitive distribution day, and should set the stage for an interesting day tomorrow. I would bet a test of $35 support this week . My short position is holding strong.