vlad.adrian

Staples - Short from value

Short
NASDAQ:SPLS   None
3
Staples has been trending down for a while, and after breaking the strong support at 10$ in December, it slowly grinded its way higher to value, testing the 10$ resistance area and the big break down candle. The force index is overbought, as for entry signals there is a evening star formation while the impulse is blue.

Look for at least the previous swing low to be tested.
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