TradingView
JonathanJupiter
Feb 17, 2021 7:56 AM

Head and Shoulders? Knees and Toes? Short

United States Steel CorporationNYSE

Description

Hey guys, not much to say here on this one.

See the chart for the Head and Shoulders Set-up. The company had good earnings and some people are screaming it is going to $20/25/30 - we will see what happens.

Always protect yourself and set stops.

Best of luck

Comment

after market price has closed to 18.73 - getting closer to that shorting region

Comment

Moving stops up to lock in profit. Lets see if it bounces of support

Trade closed: stop reached

Stop hit after raising stops. good profit.
Comments
ahmedm10
I disagree, watch the volume! It is more likely that it will go higher. Cheers!
Kxyvon
Learn Elliot wave theory, stronger than H&S
TanukiTrade
I'm so sad, because your TA was right!
With soime vertical spread it would be successfully!
ccb161
40 by Sept 💎👐💎
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