AlexStox

UG (PEUGEOT SA) SHORT because of volumes and levels

Short
EURONEXT:UG   None
UG (PEUGEOT SA) SHORT:
Short=14.45, StopLoss=15.05, TakeProfit=13.00
- sales drop
- strong previous week and month
- soft week ahead before earnings season
- silent period for buybacks
Trade active: It goes where it should. I forget about volumes - previous days volumes show that big players could make a big short position.
Well, in real trade I didn't catch up this move because of big gap in yesterday's close and today's open. Will see will they try to close it? Maybe they just catch the "shorters" like me =)
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