LBTYK Short! W8 for a pullback on the SPY that brings profitHi traders,
another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders.
I am talking about LBTYK SHORT.
If you compare SPY and LBTYK charts, especially the last 2 months, you will realize, that they correlate a lot.
SPY is going higher and higher so some PULLBACK is about to come. And this pullback will turn our short in LBTYK into profits.
Good trading guys,
Jakub
FINEIGHT
