MELI SHORT

MELI

Short MELI

Classic Double Top Paired with bad company fundamentals ie AMZN is gonna beat them out...

Its simple....short it... that's all

Trade active:

Entered Short Trade @ 1300 on its way down. 1k Put Contracts Expires 1/21

Up 50%

TP @ 1050

Trade active:

Entering my price target zone of 1050, will exit position soon.

Up 120%

Possible renter of trade after testing previously resistance, or keep trade open if market crashes.

Comment:

Exited Trade at 1050 - 1000 zone as planned

Total Return 374%

Looking to renter at rejection of levels