GT Advanced Technologies Inc fka GTAT

[double/down]

As everyone should know..stocks just don't go straight up and stay up.. A lesson can be learned next time GTAT hits another 52wk high..(which is highly unlikely unless some news pushes it this QRTR..always always after a week or so of a 52 wk high when you see a bigtime gap up to form a:( Double Top Reversal is a bearish reversal pattern typically found on bar charts, line charts and candlestick charts. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between. this was a classic move on GTAT .. Still holding every share I bought in the 9.00 area...which now are free.. Why because I trade the chart not the hype.. use the chart for advantage to short every-time this is overbought..not because I think it doom and gloom time..right now it could go either way but I'm always stay on the side of momentum till it changes~