Rogers overbought
Even though I'm quite bullish on the overall market, I decided to short Rogers.
1. Clearly overbought and out of steam
2. Telecomm index was also quite overbought (probably due to Rogers)
3. Wasn't quite bullish on the overall Canadian market, without American support
Red - stop
Green - target
*I use a different platform for my analysis
1. Clearly overbought and out of steam
2. Telecomm index was also quite overbought (probably due to Rogers)
3. Wasn't quite bullish on the overall Canadian market, without American support
Red - stop
Green - target
*I use a different platform for my analysis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.