trdollar
Short

SOCL Social Media ETF Head and Shoulder Short

BATS:SOCL   GLOBAL X SOCIAL MEDIA INDEX FUND
82 0 0
SOCL has set up for a potential short from current 18.87 down toward 16.00. The top of the head is 21.15 and the shoulders are closer to 18.50.

The math: neckline - (head - neckline) = target price.
18.50 - (21.15 - 18.50) = 15.85
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