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Short

CDTI Short

94
CDTI rose sharply following a Gap Up over the previous few days due to good fundamentals and a contract win with Honda.

However, the chart was over extended and volume started fading into the close on the 12th of July so I shorted on the first red day with one of my brokers who had shares to short.

I anticipate that this will follow through to 0.50 (and possibly beyond) level where I will cover.

Happy trading
barry_fxtrader
Also on:
buytocoverCDTIhondanasdaqpennystockspennystockshortingsharesStockstickers

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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.
buytocoverCDTIhondanasdaqpennystockspennystockshortingsharesStockstickers
barry_fxtrader
Also on:

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.