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TECK potential short Breakout after Double Top

Short
Teck Resources Ltd (NYSE:TECK)  
tradethefifthcompany  
NYSE:TECK   Teck Resources Ltd
Chart Patterns Technical Indicators TECK shortsetup stocksignals stockstrading shortingstocks BITS breakouttrading breakout swingtrading
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chartpattern indicator teck shortsetup stocksignals stockstrading shortingstocks bits breakouttrading breakout swingtrading
Our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot. So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK.

Short Entry at $15.56 with Stop loss at 16.47, with the 4 target zones printed on the chart by our B.I.T.S indicator.

Look to Swing this short trade over into next week, depending on momentum.
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