Simple Trading $DECK – As of 19 May 2015 Close

DECK W AS of 19 May 2015

Current Trend (W): Down (New Trend)

Abv/Below Value Zone: Below

Next Scheduled Report Date: 28 May 2015

52 Week High: $99.80

52 Week Low: $65.65

Current Relevant Resistance: $78

Current Relevant Support: $60.40

Recent Close: $73.16

Comment: Fair warning… I neither recommend nor call short trades.  That said, DECK looks to be setting up beautifully.  The hard push down since December 2014 into the end of January and the drift higher since suggests a name perfectly positioned to push lower.  If you decide to play it, keep the 28 May reporting date in mind… then again, you should always MIND YOUR RISK…

Bias: Short

KIS,

The Trader

 

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