TRADER-WANNA-BE

2018.HKEX_Bearish Breakdown Trade_Short

Short
TRADER-WANNA-BE Updated   
HKEX:2018   AAC TECHNOLOGIES HOLDINGS INC
ENTRY: 13.68
SL: 15.16
TP: 11.18

- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI +ve
- Moving averages are aligned.
- Stoch RSI near 70 and dipping down.
- Entry based on today breakdown from range and >3% rebound off 10EMA with volume.
- Need to watch out for earning results which is approaching
Trade closed: stop reached
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