Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$NFE Breaking down short idea
New Fortress Energy Inc.
Short
$NFE Breaking down short idea
By FriscoTrades
Follow
Follow
Jun 23, 2022
0
Jun 23, 2022
Was long NFE looking for the breakout to 55 , now looks to have been the climatic top and an opportunity to short.
A loss of 38 I think we see more downside. Although there are some S/R and demand zones below they don't appear to be as strong until 27 zone.
Will use 10 MA as stop (close above)
Bearish Patterns
nfe
QQQ
short
shortidea
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
Stocks
Supply and Demand
Support and Resistance
tradeidea
FriscoTrades
Follow
Also on:
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
.