ITALY-MILAN STOCK > ( MONCE ) short ! Based on my graphic analysis I observe a bearish projection reaching minus 7% in the price of this corporation, that is; from € 64 it will drop to € 60. With a buy exit emerging at € 68, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post!
REFERENCES:
* Green line: emergency exit price: € 68 = -5,7%
* Red line: selling price (position) € 64
* White line: profit €60 = +7%
However, it is important to remember that these marked lines must be respected. If the price goes up 2 to 3% after you execute the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated!
"Sitting quietly and waiting for the operation to develop most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since the biggest enemy of "The time to invest is yourself"
As for capital management, I leave it to my personal discretion knowing that we must always have money flowing and remain firm in the market.
Greetings and I hope you take advantage of this good negotiation opportunity!
> Josias Baltazar.n
