Qihu

The bearish volume is decreasing for the past three days and the stock is in its pull back for now. I would like to see the stock to come in between the $104 -106. Use limit order to put in your trade. A strong pull back to $104 at the 61.8% Fibonacci level will then let the price rally up to $140-148. In addition, the 61.8% also lies on a previous resistance point so it can in turn act as support point for the upward rally from there.


You will not be getting a good price if you buy right now.Let it sell of more.