electo
Short

Time to Short the Bull - XERO Short Idea

ASX:XRO   XERO LIMITED
Reaching $50. Private investors bailing out, just heard someone sell 150 mil (2%) of company stake. Technically you can see the sell pressure at $50. ASX 0.63% overall is on thin ice with the big banks in trouble.

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Trade closed: target reached: 100. Once more.
Trade closed: target reached: Tech stocks are weird they are in full fomo these days. However I think XERO goes down lower, but I wont bet money on it.
Comment: Should have bet money on it.
Trade closed: target reached: Closed ... waiting for long signal, right now it looks like it can dump a whole lot more.
Sitting now on support at ~$42. Are you going long?
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