Short
Short weak auto sub industry: Tires
Within the underperforming automotive industry, the Tires sub-industry offers a nice short setup as the price holds bellow the 20 MA on the weekly chart. The current bearish divergence and a break bellow the $78 support would confirm the new downtrend
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Related publications
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.