Book profits or reduce position or exit long
some time back it was oversold which was the opportunity on back of negative news.
Now on the rise till new peak is not made book profits as it move near peak.
Expect near term correction or sideways volatility
After a lot of time of DISDOS /
we want to see brake and close lower then 134
if the market prove to us that he want to go down .
we love this short
Target OMEK DISDOS /
Continue to see uptrend through Feb 18th earnings. Pullback after + earnings report (we have seen a pullback the past 4 earnings). Recovery back to trendline following wave 4 low.
CUP & HANDLE FORMATION
TAKE LONG POSITION NEAR 116-115 $ ZONE
ANY BREAKOUT WILL LEAD THE STOCK PRICES TO ACHIEVE A TARGET ZONE OF 127$-128$ .
STOL LOSS SHOULD BE 112$
