$LUV #stock I opened short position . $nasdaq
Updated
I opened short position because I observed that perhaps we will have reversal at this point due to the following reasons :
candle lower low from yesterday and it is already to move out from uptrend channel and shape another one eliot wave.
At previous trading channels the fibonacci is 98% accurate and I believe the stock will decline for a little at fibo supports or support lines either which are almost the same territories and the everyone here have gains at this bad days for the nasdaq.
candle lower low from yesterday and it is already to move out from uptrend channel and shape another one eliot wave.
At previous trading channels the fibonacci is 98% accurate and I believe the stock will decline for a little at fibo supports or support lines either which are almost the same territories and the everyone here have gains at this bad days for the nasdaq.
Note
The rsi has started to fall from 63 support stop loss $46,53
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