What would be the best trade structure to the anticipated, but so far not happening,increase in the price of g
Answers
MONEYTREE answered 4 months ago …
This stock has had a huge run up in not so high volume and the internals dont look good at the moment, The stock seems to be toping, not saying it couldnt break out. I would wait to verify direction and either short it if it goes down in higher volume, over the next couple weeks or so. or has a breakout where u could buy if it would be in higher volume, I have aslo noticed that it runs kind of close with the DOW,and S&P, so if the market is going to pull back that might be a short trade rather than a buy and hold type trade, watch very close because earnings are coming up soon, but i do not know when this company reports so i cant really factor that in,
One more thing if you are a somewhat of a beginner dont short this please, to dangerous..... good luck davinchi

