REM is looking good for a short soon. The stochastic, MACD ad EMA's are all pointing in that direction.However, it is at a major support level at 19500. If it breaks through this level convincingly, I will consider a short position.
It might just bounce off of it and continue upwards.
Trade active
Broke through the level very convincingly - so we have now entered a short positionTrade closed manually
Closed as it retraced back to our entry level
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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.