Whirlpool Going Down The Drain

This morning Whirlpool Corp. (NYSE:WHR) is declining lower by $1.01 to $83.12 a share. The stock has been declining over the past five trading sessions. WHR will have some short term intra-day support around the $82.80 area and much more around the $82.00 level. Short term scalp traders can watch for small intra-day bounces around both of these levels.

About Nicholas Santiago 576 Articles

Affiliation: InTheMoneyStocks.com

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

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