Monday, January 7, 2013

Volume Off the High For 1/4/13

After what seemed like a long time with no new volume off the high candidates, the market has provided one stock that has fit the criteria. The one candidate was Ehealth, which declined due to a rating downgrade from Bank of America. The technicals on this stock suggest there is, at least, 10% downside to the stock and this one looks like it is an interesting candidate for a short here.




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