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Pumpcat
Sep 10, 2019 7:29 PM

Philips losing steam, also cheap light bulbs? Short

KON.PHILIPS N.V.Euronext

Description

I have alot of lightbulbs in my appartment that are ready for replacement. Will this short play out and will I get my discount?

- Not the most perfect bear div on the daily, but it looks convincing enough to me to say that momentum has died.
- PIHA price closed below 4h uptrend line, will the hidden bull div play out? I don't think so personally.
- I also want to add that Bollinger bands on the OBV are pinching. A move is incomming, my bets are on a nice downmove, marking the start of a daily downtrend.
- Stopsell @ 41.45 for entry.

Order cancelled

My stop sell didn't hit. No entry, no losses.
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