CRUS ready to short

20 0 0
On the left spotted ultra high volume bar, distribution started here from big money.
The stock came back to the same area and volume is drying dramatically.
creating high chance for short trade.

Entry on Monday open price
Stop loss = 38.39
Profit target 1 = 35.23

The plan :
At profit target 1 exit half of the position . and profit target 2 will be trailing stop and would be updated every day on the close. Start to trail the stop once profit target 1 is hit before PT 1 is hit do not trail the stop.

Plan 2: At PT 1 exit 70% of the position. the 30% remaining will be exited on trailing stop after PT 1 is hit.

Note: on plan 1 or 2
Do not trail the stop until PT1 is hit no trail before PT1 is hit
Trade active: The short trade on CRUS entered from the open of today
Trade entry price 36.75
Trade stop loss 38.39
Profit target 1 35.31

At PT 1 execute one of these plans.
1. exit 50% of the position and the second half on a trail stop
2.exit 80% of the position and the remaining 30% on a trail.

we do not have to do anything now we just sit and watch the trade progresses

Note : This is a daily trade it might take some while to develop
Trade closed: stop reached: Trade is closed stop hit, trade is finished on small loss
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out