Short
MLNT: High Probability Short
If you can find shares to short, this is a high probability set up.
Half way point: First Target
Buy to cover zone: Second Target
Keep in mind fees to short this POS could be high, nonetheless the set up has great risk/reward.
Entry points: Intra-day double-top (if it makes it there)
After next red day, place sell order below that day.
Half way point: First Target
Buy to cover zone: Second Target
Keep in mind fees to short this POS could be high, nonetheless the set up has great risk/reward.
Entry points: Intra-day double-top (if it makes it there)
After next red day, place sell order below that day.
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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.
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.