After we added to our short on earnings we have been nicely in the money! But i must say the chart is forming a bull flag in the short term. To me its not a really strong confident bull flag structure so i will be sticking to my short! If you look closer to the middle part of that bull flag in the smaller time frames it actually looks like there is a bear flag within it. Could be a big clue to tell us to not trust the bull flag. So with that in mind i will still be sticking around with our short!
Trade closed: target reached
Great win for us folks! The Rsi is at low levels as well as the stochastic rsi. It could always go lower but we have a fantastic gain and lets book it and find another trade!PROFIT: $3,427.25 USD AVG price 83.57 COVERED: $69.87
on 2% of portfolio 17.37% gain
Note
Congratulations every one who took the trade , comment if you made money on this trade!
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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.