Trade:
Entry: Short layered in around 132, w/ stop loss at 142
Profit target: 97
Levels of Interest:
Gap (95-100) in IPDA 60
.61 Fib retracement to same gap area.
Trade:
Entry: Short layered in between 56- 57, w/ stop loss at 61
Profit level 1: 47
Profit level 2 (Moonshot): 40
Levels of interest:
Yearly open at 45
Gaps at 46-48. (IMO high %)
-Wouldn’t be surprised if it went to 43-36
Short Reasons:
Weakess against indices
Weekly char shows a RSI Bear divergance
Signifciantly above average sell volume on...
