I would go Short only based on Technical Analysis that shows a Symmetric Triangle - Continuation Pattern of a Bearish Market. In fact it would lead to a potential target level of 3.50$
Fundamental Analysis supports the Bearish Market:
Second quarter loss could exceed 5 Billion $ with a lost of 0.5$ per share.
Some Analyst are expecting a rise in the stocks up to 6.00$, This is the reason why the wisest option is to hold.
Fundamental Analysis supports the Bearish Market:
Second quarter loss could exceed 5 Billion $ with a lost of 0.5$ per share.
Some Analyst are expecting a rise in the stocks up to 6.00$, This is the reason why the wisest option is to hold.
Trade closed: target reached
Well done
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.
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.