This happens to be one of the easiest stock chart setups I have ever seen.
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This happens to be one of the easiest stock chart setups I have ever seen.
Unfortunately for Jenny Rebekka the trend smokes crack.
the distribution from institutions remains at its highest levels seen in years. If the big boys are selling/shorting, its smart to do the same. Today the fall has begun. I am short and I have some puts. Love this trade and avoiding crack!
if you are not short this trade, I just might think you are smoking crack! The semiconductor ETF is up an insane amount in 2016.