TSN
TSN Short - Bet Against The BeefAn individual stock trade that I'm taking on Webull. Classical trade, noting the fact that TSN has put in a double top formation and is breaking down from the Point of Control of it's latest range with rising Volatility indicated by WAE. Parallox signals bearish, Voss signals bearish entries. Fundamentals are also strong here, as Tyson has recently had to close their largest plant due to Corona virus outbreak in Waterloo. Trade safely. All In, All Out Profit Taking strategy with fixed Stop Loss.
TSN: Interesting short setupTSN is offering an interesting time at mode short setup. The potential downside is considerable if this trade works, making it an attractive trade. Good luck if taking it.
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Cheers!
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.