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JerseyStig
Oct 6, 2021 2:41 AM

Watch HBI for Reversal Long

Hanesbrands Inc.NYSE

Description

HBI 1hr chart - falling wedge, bullish bat, and stochastic rsi beginning to cross to the upside. Could be a good turnaround.

Comment

Absolute dump! I lost a good 40% on my calls but I managed to buy the dip and ended breakeven. The reason I only had a starter size position was because there was no reversal confirmation yet. This is why we always wait for confirmation before adding full size!
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