Another Chance to Pick Up Yandex

With some of the trade setups I give you, I outline a possible entry for a stock that has yet to test a crucial level. For some, it's a secondary entry against a setup that has tested its level, and is already in play. The latter is the case for Yandex (YNDX).

Yandex (YNDX) -- Daily Source: Dynamic Trader View Chart » View in New Window »

Let me explain the original trade setup. I'd identified a price-cluster support zone that came in on the daily chart with the price support at the $35.23-to-$35.96 area. The actual low was made at $35.59 on Nov. 8, directly within this zone. In addition to this, a few Fibonacci timing cycles also confirmed higher-than-usual odds for a possible reversal to back upward -- as those cycles came due Nov. 8. This was a beautiful coincidence of both time and price parameters....180 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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