31Mar12:23 pmEST
I added to my GILD short position just now, at $98.92, after my core $100.46 entry early last week here.
On the updated daily chart, below, I am simply pressing for the 200-day moving average breakdown (yellow line), and the base breakdown (light blue line).
My cover-stop is still above $105.
Earnings are scheduled for April 28th.
A Quick Drink from the Cup; ... View from the Shoreline of S...
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
