You know the drill, stock at resistance, if it closes above resistance dont short if it closes below resistance short. set a stop loss close to the resistance incase this guy pokes its head out before heading back down.
Note
Remember if this closes above the resistance, we could see a move higherNote
it closed above resistance line, then we saw a move higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.