pitchforks

Here is one for you. EBAY daily. Good risk to reward. I personally dont like shorting stocks when stockmarket is in an uptrend.

 

nice set up, but look at this one before you short. If we get a test at upper resistance around 24 and you start to see weakness, use the high of that last test as a stop assuming we dont reach that level or higher

 

ben on a daily. Clearly defined s/r points. Will we get a bounce or will we break through to the 95 median line.

 

ceco had a hude sell-off today, and even for a choppy piece of sh-t stock like this, fork lines still held true. lets see if we can test highs before going lower.

 

where was the starting point on the blue fork

 

It's a special type of fork. You can read more about it here on this thread on forexfactory

http://www.forexfactory.com/showthread.php?t=76597&page=2

 

to watch some great videos on forks, learn from the master tim morge on his site marketgeometry.com

 

Three smaller forks within one large (red) fork

 

short celg here at the upper resistance of the red fork line. Stops at .92 cents, and my target is 4.3pts, a nice r/r ratio of 4.6.

 

those of you watching gold, might be getting support soon near 105 to 106