Another short with a chart from hell..
19 August 2010
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I’ve gone through all my charts this morning for short setups and I am just unable to find any solid short setups offering a solid risk/reward scenario at this moment. A lot of them have seen heavy selling since the open, so I will have to wait for some kind of pullback either intraday, or in the days ahead before pulling the trigger.
Here’s the Chart Analysis on URBN.