Evening Star Pattern on A2M #ShortOpportunity
Evening Star patterned formed on the daily which indicates a bearish reversal. Accompanied by the fact that RSI while declining, is still oversold. A2M has had a nice run up (32%) since the 6th of November which coincides with the fact that its due for a correction.
Buy Price: $14.54
Stop Loss: $14.98 - 3% loss, just above resistance levels as that would indicate trade was wrong
Buy Price: $14.54
Stop Loss: $14.98 - 3% loss, just above resistance levels as that would indicate trade was wrong
Trade fermée manuellement
Ended up closing the trade at nearly 4% profit... probably could of let it run longer but decided to take profit.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.