BID – Double Top

"Danno" Sheehy

Sotheby’s (BID) looks poised to give back some of its recent gains. A short trade setup in the stock is illustrated below. The blue squares highlight what we think is a double top forming in BID. Buying momentum has stalled at prior highs from 6/26/15 as evidenced by the decline in OBV (magenta circles). An […]

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"Danno" Sheehy

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