TradingView
RobbyP
Jul 24, 2019 8:41 AM

Telkom- SHORT Short

TELKOM SA SOC LTDJSE

Description

There's a mini "death cross" where the 21 day moving average has broken below the 50 day moving average which is quite a bearish indicator for the short to medium term. When going short based on this occurrence, one can never expect to get short at the highs, but rather trade the momentum that is dragging the moving averages down...I'm just looking for 6 bucks... (looking to enter at 88.00 or better)
Comments
cgd
Great trade @RobbyP !!

Are you still in the trade?
RobbyP
@cgd, NOOOOOOOOOOOO!
More