It was brought to my attention that I had incorrectly listed the suggested stop on yesterday’s P (Pandora Media Inc.) short trade as 22.90 instead of 32.90. A correction has been made to that previous post. I have also replicated the chart on StockCharts.com in order to provide a link to the live chart of the P short trade, which can be viewed by clicking here. P is trading slightly higher in sympathy with the broad markets so far today and is currently trading just below the 32.00 former support, now resistance level, thereby offering an objective entry or add-on level for this trade. Updated daily chart below:
P daily March 25th