Potential short IF Samsung breaks out of the current channel its in.
Entry ~55000
Exit - ~47400 - 48000
- exit triangulates with length of channel
- exit also happens to be support level from the 2019 ascending triangle
why we could be breaking downwards outside of the channel break
- SPX double top?
- fresh Huawei ban should cause some ST disruption for semi names
Entry ~55000
Exit - ~47400 - 48000
- exit triangulates with length of channel
- exit also happens to be support level from the 2019 ascending triangle
why we could be breaking downwards outside of the channel break
- SPX double top?
- fresh Huawei ban should cause some ST disruption for semi names
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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.