TheTradingBay

APE Short after breaking out of recent low with high volume

Short
TheTradingBay Updated   
ASX:APE   EAGERS AUTOMOTIVE LIMITED
Entry: 11.77
Stop loss: 12.39

Went short on the counter after it broke out of its recent low with above average volume.
Supported by the fact that the MAs are trending downwards orderly in the 3 different time frames.
Trade closed manually:
Closed position on 17/3 at 13.10
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