Replies to post #4649 on Nokia Corporation (NOK)

[Saborte79]

Are you saying this is a good time to short? What does and inverted pincher formation?

[~ NT ~]

I hear you - you have a point However, I personally like to short near the 'tops' and cover for small % wins on the retrace - I usually dont like to short when a ticker has already pulled back a bit and is in middle ground - I shorted NOK a few times for decent wins - I may short again if it pops out of thin air - I may go long if it retraces hard - No trade for me on the mid level PPS.