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BBTrader29
Jun 10, 2019 5:48 PM

PLAN Rubberband Snapback Short

Description

Plan is pushing extreme levels to the upside. Its on its 5th up day and its gone a little to parabolic to the upside, almost in a straight line. Its in overbought territory and already well overextended on its bollinger bands. I think its going to need a breather for a day or two with a nice pullback to $45 level. Once it pulls back, I will exit trade because it may continue its uptrend.

Trade closed manually

Was hoping for a little more downside, but sold for less profit margin than I hoped. Left the trade still a winner before this roars back to the upside
Comments
DACapitalTrading
good luck! Leave us a like aswell mate :)
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