Short
SGEN Outlook
Updated
We haven't lost much on the higher timeframes, infact we have been holding good higher lows, more recently though we've seen 3 important lower high's easily seen on the monthly. For now I've re-entered short with the good stop with a smaller target and big target if this really starts dumping.
Next couple months will give us a sense of where this is heading. If we break 63, look out below and will confirm this lower (daily, 4hr, trend reversal).
Next couple months will give us a sense of where this is heading. If we break 63, look out below and will confirm this lower (daily, 4hr, trend reversal).
Trade closed: stop reached
stopped in profit. GG
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