Sunday, April 25, 2010

KG - Daily Candlesticks

KG - Daily Candlesticks: "I thought it was a buy in the beginning of April since there was heavy buying. Didn't realize that it was a bet on the FDA announcement that occurred last week. April 9th was the day to short the stock in hindsite, but will this help in the next trade? I do know that the sell off was exacerbated with a sector wide washout. So the question is will it rally? I am going to wait for a trend confirmation...

via StockCharts.com

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