With this position opening at $517. I think moving stop loss to $510 is best for risk management. I don't think this stock will close above $500 physiological level. With trailing stop loss placed this position should be fixed in profit. Both MACD and RSI look like this is just going to continue downwards.
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.
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.