AlexStox

UG (PEUGEOT SA) SHORT because of volumes and levels

Short
AlexStox Updated   
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 =)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.