UIPath has stopped the corrective rise of the past 2 days and has broken through with new momentum now. A 10 % gain on the downside or even more is possible now.
Comment:
I've hedged the position as there is no momentum to the downside. Meanwhile I am taking the profit of the hedge and sit on my short again. I will watch the movement for a while an think that I will close the short as well before the year end.
Comment:
I am short again without the hedge.
Trade closed: target reached:
I am using the decline of today to end the position with an overall profit.
Trade active:
It is a tricky market at moment. I still think that the trend is intact and got short once more.
Comment:
I am expecting a last selloff at least.
Trade closed: stop reached
Trade active:
I've opened another little short position when the price hit the resistance of the rising channel.
Trade closed: stop reached