Bearish engulfing candle on the daily, Gap fill below to $158.50
531
Trade is active - the recent vaccine news will be short-lived. Target Price - $158
Note
Downtrend is intact - may reach our target tomorrow or early next week.
Note
Bearish follow-through today - more downside ahead as we inch closer to the ultimate gap fill down to $160.
Trade active
Maintaining target of $160 - yesterday was a big green candle. Still believe that the GAP to $160 will fill.
Trade closed manually
Took the loss on this miscalculated play. It was dangerous to begin with the 737 news on the horizon. Congratulations to the bulls who prevailed and held/bought the dip. Cheers!
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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.