2waytrading
Short

Another 18% downside opportunity is very likely

93 0 0
After bottoming along with market October, price had a nice run upside but unlike the market it had a tough wall at 38.2% level -3 attempts but closed below it with high reliable bearish patter in between DCC and the downgrade helped the bear camp after price consolidated for a final show of force either upside or downside. Now, there is a higher chance that we will see $15.32 before price finds a bottom and a rest area of $17.17. If you decide to take a short position, use tight stop at $20 area. If you want to get real time alerts on this security try us www.2waytrading.com
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