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motleifaul
Apr 10, 2024 8:01 PM

Correction Started Short

Stryker CorporationNYSE

Description

The rounding weekly top suggests an upcoming major decline due to the outstanding correction for almost half a year. For almost half a year we have not seen any correction so that we can consider the market as heavily overbought.

Trade closed: target reached

Comments
TORNADOF5
hey , INTC and KRE seems ready to short as well ?
thanks
motleifaul
@TORNADOF5, sorry just read your question. Intel may have come to an end now. Perhaps time to buy. I have not yet decided.
motleifaul
@TORNADOF5, the Regional Banks may have some more room on the upside. I don't know at moment.
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