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Halbu
Aug 10, 2018 8:00 PM

CD Projekt (CDR) opportunity for short sell coming soon Short

CDPROJEKTGPW

Description

We are approaching a really nice opportunity to short this nicely looking bullish run.
RSI showed bearish divergence before at the ATH already when we had higher high and lower high on RSI.
If we cross second yellow line, or maybe third - right at the break down or better after a retest.
I'd target latest volume area at around 100 levels.
I would love to see a 9 at TD Sequential indicator before going short.

Comment

No short entry yet.
Cyberpunk gameplay is getting people hyped.
Also Poland is getting into evolved markets basket and CDR is covered as a medium capped company. ETFs and funds should get some of those stocks to rebalance their portfolios. Maybe a long could be good here:) But seriously - I'd rather find a good short- maybe until mid 2019
Comments
LauriElias
Where can you short this?
Draz
CDR should drop although they have some exciting stuff- they are valued at half EA/ above Ubisoft on pure hype.
Tanner
Any U.S exchanges that you know of allow you to short international stocks? I'm looking to short CDR in the future.
Halbu
@Tanner, no sorry, I didn't get any time to trade it myself unfortunatelly. September started very good for this trade.
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