ESPR short
Updated
I trade charts not fundamentals, this thing had ugly earnings and a Trump rumor of approval of cholesterol-lowering treatment drug make this run 300% in past 2 months. 30.5s is the big resistance, RSI peaking 80 3 times, this thing will correct soon.
short 30.5, stop 31.5, don't marry it, it was breaking higher 2 times already, this thing was holding 9 EMA really well. so our first take profit will be there 9 EMA, or 26s whatever occurs first, and then 21.75s. is really a good r/r opportunity.
short 30.5, stop 31.5, don't marry it, it was breaking higher 2 times already, this thing was holding 9 EMA really well. so our first take profit will be there 9 EMA, or 26s whatever occurs first, and then 21.75s. is really a good r/r opportunity.
Trade closed manually
i took the loss at 31.6s, until a trend change confirmation i will not short it.
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.