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OXY alerted for bearish side last week.

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ms123   Monday, 04/08/13 03:50:44 PM
Re: Darth Trader post# 127
Post # of 696 
OXY alerted for bearish side last week.

The strong push down that OXY made between 18th to 25th must have made many nervous and willing to adjust their trades to the downside. This signal makes me think that intermediate signal for OXY is bearish. I have been looking to enter OXY to the downside. The IV doesn't seem to go down, so today I decided on a bearish double vertical for April expiry.

LINK:
http://breakout-stocks.blogspot.com/


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