CIM.ASX_Breakout Trade_Short

ENTRY: 18.16
TP1: 14.51
TP2: 11.87
SL: 19.30

- ADX>25
- RSI<30
- RS and FFI -ve
- Weekly MACD -ve
- MAs aligned although 100MA above 200MA but pointing downwards
- Breakout with good volume

Trade closed manually:

- Close position at 17.86
- 31 Mar 2021 possible stopping volume
- Today showing possible short-term breakout from down-trendline
- Keep in watch again to see price action to open another short position