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just4tradin
Oct 24, 2023 12:37 AM

DT - Trend line break & Bear Flag Short

Dynatrace, Inc.NYSE

Description

DT was in a nice uptrend channel until it broke the Trendline recently.
Now its forming a bear flag, lets wait for 45 break for a proper textbook short entry
or
if you've risk appetite, build your short position early.

As the market breaks this sell off can accelerate.

Downside Target - 40

Trade closed: stop reached

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