Monday, March 7, 2011

Alert - AOL Breaks Under 20.00 Key Support

Inverted cup and handle. Break below 20 initially targets 18-18.25. I highlighted this short in my previous blog post, 3 Bearish Chart Ideas For Friday, but unfortunately took profits on Friday afternoon @ 20.08 for a +1.04 gain ahead of the weekend. Will be watching for an opportunity to put short back on.

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