I opened a short position on SZG last week as 1D closed below DC20 and is reversing below MA20 to the downside - I am expecting the downtrend to continue to reach potentially ATL and/or determining target by a trailing stop. ATL is below 5.86.
RSI is bearish, ATR and PVO is about to grow. SL is TBD and moving as is determined by DC20 - if daily closes above DC20.
Thank you for the likes and comments and please trade carefully and with money you can afford to lose!
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