Showing posts with label MOO. Show all posts
Showing posts with label MOO. Show all posts

MOO at 61.8% Fibonacci Retracement Level

I have posted my recommendation on shorting several stocks in the past (GOOG, LUV, ASH, DTG, XOM) on Long & Short Investment. Today, I will be looking at another short potential on an ETF. Looking at a two year chart on MOO ETF, we see that this agricultural business ETF more than doubled from its low of $20 per share around November 2008. It has now retraced back to