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.

No comments: