Initiating Short.
Reasons:
1.1H 50 & 100 SMA death crossing the 200
2.Lack of a bull case scenario
3.Since June, the last 8 times this has happened has resulted in actual price drops. No fakes.
Will keep you all updated.
Reasons:
1.1H 50 & 100 SMA death crossing the 200
2.Lack of a bull case scenario
3.Since June, the last 8 times this has happened has resulted in actual price drops. No fakes.
Will keep you all updated.
Commentaire:
closed short position @ 8111. locked in gains. BOOM.
Commentaire:
support level of 7700 very likely by next week.