AVID
Hi traders!
Today, in addition to the ESTE paper we talked about yesterday, there is another stock that should do well today. AVID: AVID TECHNOLOGY INC.
Which is on the chart:
1. Strong 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
Attention: Your entry point, risk level, stop order and TP order should be set according to your risk and money management.
NB: Friends, go to the new profile of my company @AMSK_Capital there will be more ideas, as well as in the description of the profile there is a link to the new telegram channel
Order cancelled:
But 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.