CDW trading on a 9,13 for Monthly Timeframe

16 juil. 2018CDW came across our td Monthly Equity screener this weekend.

CDW currently near ATHs and trading on a 9,13 for the Monthly timeframe.

Took short based on prior Daily 9 (see below) failing to close @ new Highs and confirmation divergence on RSI.

19 juil. 2018

Trade fermée: ordre d’arrêt atteint

Daily closed above Risk line (gave it one more day) and CDW traded up despite red overall in the market.

Will Keep watch on it for another short higher.