AXS is looking weak here.
Last couple runs have been immediately followed by bigger drops.
I am taking a short position here.
My entry: 71.75
T1: 69.00
T2: 66.25
T3: 63.50
Stop: 75.00
Last couple runs have been immediately followed by bigger drops.
I am taking a short position here.
My entry: 71.75
T1: 69.00
T2: 66.25
T3: 63.50
Stop: 75.00
Trade active:
4 hours later, we now have a big red hourly drop, getting close to T1
Trade closed: stop reached:
After missing T1 by 36 cents, the trade stopped out. Painful loss.