INVESTEC PLC
Short
Updated

Up against stiff resistance

143
Short hasn't gone according to plan so far - BUT daily chart has formed a rising wedge. Currently testing upper resistance which coincides with 200 day MA.
Note
Added to this position a few times over past couple of weeks - banking profit on 1/4 to reduce size and manage risk
Note
Banked profit on another 1/4

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.