damoonmotamedi

damoonmotamedi Updated 

There is another opportunity to short TEVA for double bottom!

damoonmotamedi

TEVA has no support till it meets $12.25 and it will happen soon!

damoonmotamedi Updated 

Another nice price pattern forming in TEVA!

damoonmotamedi

It worked well so far so if it's not broken you don't fix it!

damoonmotamedi Updated 

Weakness (Moving up and reversing the gains) in $TEVA favors downside. Any pop above $17.70 is a shorting opportunity.

damoonmotamedi Updated 

TEVA is moving higher, it is nothing more of OPTION EX shenanigan and it will come down by Friday!

damoonmotamedi

MYL and TEVA are under pressure again with market rally ~1.0% Only good support is for MYL at $28.75.

damoonmotamedi

Early morning Shorts covered and stock moved higher, since then it can't even retest the high of the day! Super weak stock!! It can easily see $13.5 monthly support within a week!

damoonmotamedi

Major support won't kick in till we hit $14.

damoonmotamedi

Simply markets haven't retested the lows!

damoonmotamedi

Tons of people loaded TEVA just because it is oversold. It can go lower and shorts are not covering!

damoonmotamedi

TEVA is under heavy pressure and making lower lows / Lower highs. Easily short the upper range of the channel and cover at the bottom!

damoonmotamedi

TEVA shows extreme weakness everyday around 3:00 pm EST. It gives a quick shorting opportunity!

damoonmotamedi

Oil is consolidating around $49 at top of the last leg up. It is bullish especially with buyers stepping in mid-day.

damoonmotamedi

WTI has been consolidating in upper range of the last leg higher and forming a bull flag. Next leg will take USO up to ~$10.80 level.

damoonmotamedi

If IWM takes out $140.40, we should see $141.00 by end of the day!

damoonmotamedi Updated 

Short term trade. IWM broke a trend line. Violating today's low and we would see ~$139.00

damoonmotamedi

Oil is ready to retest $50.30. It is a good short term trade.