EZMONEY ED AND FRIENDS PICKS

[dmlabuda]

No, it's already passed the normal Fibonacci range. There should be support now at the 20 day EMA or more likely the 200 day MA. There is a strong tendency for a stock that has recently crossed the 200 day MA to immediately retrace and find support there before going higher. Knowing this, you would have been looking for a key reversal day and significant sell off to take advantage of that short play on Thursday.