Friday, December 21, 2007

TRLG Soon to be a Short


As you can see in the chart above. Any recent rallies in TRLG have all ended in tops right around the 22-24 range. I suspect the current run in TRLG will do the same and thus am recommending shorting TRLG in the near future. Since it is only at 21ish right now, it still has to get up to the target level. But once it does, watch for any weak action, quick turnarounds, or big red candlesticks. I will keep you posted on this stock in future posts.

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