Three recent Leibovit Negative Volume Reversals (VRs), the most recent on June 4 followed by consecutive increasing days of downside volume is one important negative. In addition, there is a big unfilled gap at 96.43 from back on January 13. My conclusion is that is where we're headed near-term. Stop? Recent high at 113.38.
Monday, June 15, 2015
Negative Volume Reverals on Disney.
From the Desk of Mark Leibovit:
Three recent Leibovit Negative Volume Reversals (VRs), the most recent on June 4 followed by consecutive increasing days of downside volume is one important negative. In addition, there is a big unfilled gap at 96.43 from back on January 13. My conclusion is that is where we're headed near-term. Stop? Recent high at 113.38.
Three recent Leibovit Negative Volume Reversals (VRs), the most recent on June 4 followed by consecutive increasing days of downside volume is one important negative. In addition, there is a big unfilled gap at 96.43 from back on January 13. My conclusion is that is where we're headed near-term. Stop? Recent high at 113.38.
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