vf_investment

INFN - Short Position

Short
NASDAQ:INFN   Infinera Corporation
INFN has a strong resistance as it has tested it 4 times in the past 3 months.

We are expecting that the price will retest the support again and we are expecting it to fail this time.
Enter the short position when (and only if) the price breaks the support.
Moreover, you can enter the short position when the price retests the support and confirms it as a resistance.
Stop loss and target are shown on the chart.
Trade active:
on the way down
Trade closed: target reached:
Target reached

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