Ran up recently, Mostly due to overall SP500 market bounce the past week. Investors becoming bullish and short term bets being placed.
Now, with overall markets looking to take a breather, I think this one goes back down.
Target: $128
Entry today: May 19 - Short term trade. 500 shares short @ $132. Exit: tomorrow
Now, with overall markets looking to take a breather, I think this one goes back down.
Target: $128
Entry today: May 19 - Short term trade. 500 shares short @ $132. Exit: tomorrow
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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.