zukedu

AMX Short on Descending Channel

Short
zukedu Updated   
NYSE:AMX   America Movil, S.A.B. de C.V.
- Selling pressure increasing based on volume.
- Price bounce down from upper resistance line.
- 3R profit potential on lower support line.
- EFI tilting to below 0
- Stoch is overbought
Order cancelled:
Did not enter the trade because of more attractive short position such NLSN

The volume for green days are still relatively high near the top. (Shows stronger buyer interest near the top)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.