All right, the stock reaction is shaping to be one of buy the rumor and sell the news. Let’s ride the bearish momentum.
Trading position (short-term; our opinion): short positions at market (100% position size) with stop-loss level at 3120 and the binding take-profit at 3030.
Thank you.
Monica Kingsley
Stock Trading StrategistSunshine Profits - Effective Investments through Diligence and Care