Today, in addition to the ESTE paper we talked about yesterday, there is another stock that should do well today. AVID: AVID TECHNOLOGY INC.
What's on the chart: 1. level formed by a rollback in a downtrend 2. Far retest 3. Strong rebound movement on higher timeframes.
Strategy: Going short on a breakdown of the 29.91 level Important: Your entry point, risk level, stop order and TP order should be set according to your risk and money management.
Order cancelled
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This paper can no longer be traded today. It opened below the level. But note, the direction of movement is correct - and this is the main thing