REM at strong support

Updated
REM is looking good for a short soon. The stochastic, MACD ad EMA's are all pointing in that direction.
However, it is at a major support level at 19500. If it breaks through this level convincingly, I will consider a short position.
It might just bounce off of it and continue upwards.

Trade active
Broke through the level very convincingly - so we have now entered a short position
Trade closed manually
Closed as it retraced back to our entry level
Chart PatternsTechnical IndicatorsTrend Analysis

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