JasonNz

A short on BLI

Short
NASDAQ:BLI   None
Short position set on BLI as a kind of Hedge against the expensive Market. With a flush up bar to force the top (only Just) I am entering this trade. BLI a very poor fundamental company with earnings the start of August. Zacks estimate -15%.

Looking to get out at 2R, however should the US Market as a whole turn sour I will hold for much longer
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.