See our previous blog of exactly one month ago. We predicted that the stock would peak at $87 or so. Well it did. Here is the chart;
It accomplished three things. It double-topped precisely at the level it reached three times back in ‘07/08. The thrust from the triangle is precisely what the triangle measures and the channel contains most of the rise since 2009. Again , our minimum target is at $65 so if not out already sell now.