Big Topping Tail !!!! Whats Going On ?

Discussion in 'Technical Analysis' started by TOMMYJR9, Jul 1, 2009.

  1. hello, i have a stock in my 401k (PAG) penske auto. yesterday at the opening 175k shares and a big pop, today 74k shares at the opening and the same thing, 2 days & 2 topping tails what is going on ? and closed around the 5-8 moving avg. i follow this thing for 10 plus years now and have never seen this before. please help me to understand . thanks tommy
  2. the Saturn deal?
  3. Yesterday I think it had a 52 week high at the open. Some crazy run up can happen at that moment.
  4. Will it still run up or is this a signal of a sell off ? And could this be some sort of a market maker move ?
  5. the1


    Hurry up and get out of this right now. I have seen this before and it never ends well. Two topping tails in two days can only spell trouble. This won't end well. :D :mad: :confused: :eek: :eek:
  6. It's almost back to where it was before the crisis. I have my answer to that.
  7. What do you mean ?