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KyleBaran
Feb 8, 2023 8:51 PM

Idea - JXN, Feb 8 (short) Short

Jackson Financial Inc.NYSE

Description

Current trend has been stagnating for a few days; after a solid uptrend we're entering consolidation.

CLAMP indicator looks like it will turn blue in the very next session. This is technically a reversal, which my system does not trade. If entered today, the short would have a TP at $45.39, and could trend as low as 35.11 to 39.81.

Comment

All my usual indicators are expressing a short entry at this point. However, ER is coming up in a few days, which is risky.
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