We are trying another short from ATH down trend line. Last attempt for 13288 gave us 215 point (479 MFE). I will not make any more attempts.
Entry: 14110
SL: 14360
TP: 13288
The sentiment is down in most of the world. US has taken a bigger hit than Europe, but I think Europe will follow at their own pace. We are approaching trend line from ATH that also created the double top around New Year. I have 2 attempts for shorting this:
1) Sell limit when price reaches 14150 on the way up (price now 13950) looking for reversal.
Entry:...
Uptrend from Covid low, but now in a more stable channel. We are looking for a bounce at the bottom of the channel which happens to be around the pre-covid high. There is also a fundemental trend in the ongoing discussion about energy supply that supports this play.
SL: 50,35 (previous bottom)
TP: 59,72 (previous top, which is also resistance level from 2011)
We...
CVS has broken it's uptrend and was rejected close to ATH all the way back from 2015. Hope is that it will re-visit top of new down trend channel and we enter a short from there:
Target 95,29: Previous down trend low
SL 110,10 : Above second latest top - looking on the daily chart
I'm short using CFD's
UNH will continue it's nice uptrend from Covid bottom. Target is previous high, which is also ATH. SL just below previous low for confirmation of broken trend.
R/R ratio: 3,06
ADP has been in a nice uptrend from Covid bottom. My bet is that it will bounce from bottom trend line and target is ATH. SL just below previous bottom and will trigger for reversal of trend.
R/R ratio: 3,62
