Bearish idea for MPL
Updated
Will be watching closely over the next few days. If that bearish engulfing is confirmed with a print below 3.01, I will likely short. Indicators are flashing overbought, divergences in RSI and MACD. Will update if trade fires and I can find shares to short. :P
Order cancelled
Bearish engulfing was not confirmed. No trade fired. Will continue to watch and see if anything else sets up :)
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