My trade on this one turned out to be a loser. The anticipated dip down happened, but it happened so quickly I missed to exit my spread bet :( I should have exited soon after noticing but I wasn't watching given it was xmas. Standing aside for the moment

Reasons for trade:

• Overbought on weekly chart.
• Exponential increase recently. How long can it continue?
• MACD trending downwards.
• EMA just turning down on daily chart.

Reasons against:

• Against the recent trend.
• Company fundamentals very strong.