Trend Following Short as well as Longer Term Short
Updated
PKI Is overbought. So is it's Industry Group.
Though Market went up today (20th Apr), PKI and many of its peers dropped.
PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.
Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go up.
It has a Go With Flow Short Signal at the right edge. With narrow Stop Loss.
Though Market went up today (20th Apr), PKI and many of its peers dropped.
PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.
Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go up.
It has a Go With Flow Short Signal at the right edge. With narrow Stop Loss.
Trade closed: stop reached
On 24th Apr, Stop level, decided by CUE Protection Signal was hit and the trade was exited.
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