View: Technology.png


This struck me as an excellent speculative short/sell that was simply too good to pass up. Now a bearish ascending wedge has appeared after an almost uninterrupted climb from late September. We have a gap to fill from $43.50 to about $42.50 with Fibonacci retracement levels at $42.08, $41.36 and $40.85. Coincidentally the MA(144) is at $41.38 at the moment which adds additional credence to the Fibonacci levels and the MFI indicator peaked two weeks ago (


Nice chart. 11/8/15