I would like to see a bearish move with strong volume. As can be seen, volume has been decreasing since May 15. Oscillators are bearish and although stochs is nearing the bottom of it's range, it is perfectly reasonable for it to stay there as we continue down. I don't think I would take this trade short unless there was good volume to support/confirm.
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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.