Puma is nearing the finish line, marked by the final low of wave II in gray. To reach it, the share should still advance a bit deeper into the turquoise zone between 54.32€ and 44.25€. Once the low is established, Puma should take off and start a fresh upwards trend, heading for the resistance at 70.88€, which should be conquered in due time. However, there is a...
Pupm&Dump trading strategy idea.
$SUNW is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $5,03;
stop-loss — $5,25;
take-profit — $4,81;
Do not view this idea as a recommendation for trading or...