motleifaul
Short

Best Sell

BATS:BBY   BEST BUY INC
72 3 0
We are in the upper range of the Band and seem not to rise further. A test of the 200 EMA eems likely.
Stock
3 years ago
I agree and I think a correction will come soon. There might be also some overshooting to north. My experience is that you need to have to SL in such a case far away. With which broker can you trade that value as short?
Reply
motleifaul
3 years ago
I used to use tight stopps in such situations. But as my last experiance in AUD/USD also showed it may be that one will be stopped out several times before the rate begins to move into the direction expected. Same was with your successfull BRL deal.
Thank your for the advice.
Reply
motleifaul
3 years ago
Sorry to say but there is no correction in sight. Sometimes the Bollinger Band is misleading as an indicator. I will have to make more sure in future. Ash onto my head.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out