Description
⋅ NASDAQ:MELI
Short NASDAQ:MELI
Classic Double Top Paired with bad company fundamentals ie NASDAQ: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