Showing posts with label CEL. Show all posts
Showing posts with label CEL. Show all posts

Sunday, October 5, 2008

READER'S REQUEST - Cellcom Israel (CEL)

A reader just made me aware of a perfect shorting opportunity in CEL. Now would actually be a perfect time to enter a short position to be held for at least 3-5 days. Using the 50-day MA as a guide, the pullbacks into resistance are orderly and predictable. The highest likely move for CEL is down. No long positions please.