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motleifaul
Jul 21, 2023 1:10 PM

Overbought Short

BASF SE NA O.N.XETR

Description

The market is overbought. Everyone knows it. But anyway the stocks keep rising.
Today, i.e. before weekend I see the chance if not for a trend reversal so for a minor correction at least. Little profit is better than no profit.

Trade closed: target reached

Comment

There is no momentum in this stock. I am therefore closing taking the little profit.
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