NASDAQ:STX   SEAGATE TECHNOLOGY PLC - ORDINARY SHARES (IRELAND)
79 3 0
Trend line resistance.
How do you find the sling shot system?
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First of all it shows us what the trend is. And where is the end of correction. This works best in established trends. On the side trends, system often gives false signals. Specifically here I didn't open position. Because the gap is not closed yet and the upper boundary of Bollinger not achieved.
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Sometimes, it works fine. Here I am holding a short position.
snapshot
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