Going short on NUCOR
Updated
Opening 2 sell orders on Nucors, risking 0.5% of capital each, the first with 1:1 R:R, the second 1:2 with optional trail stop if everything goes well
Reasons:
- Doji formation
- GAP to close
- Overbought
- Near SMA200, put SL over SMA200
Reasons:
- Doji formation
- GAP to close
- Overbought
- Near SMA200, put SL over SMA200
Trade closed: stop reached
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.