PTM Short after breaking out of multi year low
Entry: 2.49
Stop loss: 2.70
Shorted counter after it broke out of multi year low with high volume.
Better odds of a continued downside move as can be seen by the down trending MAs.
Stop loss: 2.70
Shorted counter after it broke out of multi year low with high volume.
Better odds of a continued downside move as can be seen by the down trending MAs.
Trade closed manually
Closed position at 2.23 on 17/3 after it breached 8 SMA.
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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.