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ProjectSyndicate
Jun 20, 2020 1:02 PM

SRPT 2D: XABCD BEARS / 40% correction next(NEW/UPDATED) Short

Sarepta Therapeutics, Inc.NASDAQ

Description

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SRPT 2D: XABCD BEARS / 40% correction next(NEW/UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: SRPT 2days/candle chart review
::: XABCD BEARS
::: 40% correction up next
::: point D / PRZ near 180/182
::: get ready to short for gains
::: TP1 is 30% gains
::: TP2 is 40% gains
::: strategy: short from PRZ
::: correction can last 4-10 weeks
::: market disconnected from reality
::: don't get crushed in this new correction
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
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