SAND is currently at strong support but looks like it will break it this time. Wait for a daily closing below 4.40 to short it for 4.06 and 3.73. Will update with the stoploss once the trade is active.
Trade active
I have opened the short positionNote
Highly oversold. Those who want can close it here in profits as well. Expecting a small pullback. I am gonna keep my trade open.Note
Wonderful retest of the resistanceTrade closed: target reached
Sold 60% here at 4.06Note
Minor support at 3.88.Note
A pullback towards 4.12 is expected. Risk averse traders can close hereTrade closed: target reached
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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.