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CDW Corporation
Short

CDW trading on a 9,13 for Monthly Timeframe

By Duffy08
Updated
CDW came across our td Monthly Equity screener this weekend.

CDW currently near ATHs and trading on a 9,13 for the Monthly timeframe.

Took short based on prior Daily 9 (see below) failing to close @ new Highs and confirmation divergence on RSI.

snapshot

Trade closed: stop reached
Daily closed above Risk line (gave it one more day) and CDW traded up despite red overall in the market.

Will Keep watch on it for another short higher.
CDWDouble Top or BottomtdcountdowntdsequentialtdsetupTrend Analysis
Duffy08
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