I’ve fielded plenty of mail on this name in the last 3 trading days. The end result has been lower immediate term lows.
The stock continues to breakdown on bearish volume and volatility factors. I have no support until the immediate term TRADE line in my model that I have highlighted with the green dotted line in the chart below down at $150.98.
Real-time risk management doesn’t occur in the vacuum of theoretical sell side estimates.
Keith R. McCullough
Chief Executive Officer