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JoeFlahive

Playing the Range

Short
Simon Property Group, Inc. (NYSE:SPG)  
JoeFlahive Updated   
NYSE:SPG   Simon Property Group, Inc.
SPG short
4
0
spg short
Trade not active yet. Just looking to see how we close today but will most likely take the trade into the close or tomorrow morning at the open.
Comment:
If we gap up I will be going short at the open. I'd like to get this as close to 188 as possible :)
Comment:
Well done to anyone who jumped in this one. We did close below the green bar low made on the 6th so decent chance of a continued sell. 179.55 would be a nice place to take half off in my opinion.

Protect your trade, move your stop to break even! Cheers!
Comment:
We took half off as previously mentioned. Hard break even stop in place on the 2nd half. This chart now looks more bearish on the weekly so fingers crossed we can get some more out of this one. The micro pattern though looks like it could stop us out on 2nd half so better play safe!

snapshot
Trade closed: target reached:
Forgot to close this one. Needless to say target hot but weekly still looks weak! More downside likely :)
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