3 months ago, when i posted this my short was triggered at 112.21, that was due to bearish divergence.
Waiting patiently for this overvalued stock to tumble, i can roughly see the current downtrend channel
after falling for almost 40% i am seeing a potential Class A bullish divergence developing.
the highlighted lower channel support is where i intend to collect my remaining 25% of my profit and turn bulls
The 1st inverted hammer has signaled that enough is enough from the bulls
Waiting patiently for this overvalued stock to tumble, i can roughly see the current downtrend channel
after falling for almost 40% i am seeing a potential Class A bullish divergence developing.
the highlighted lower channel support is where i intend to collect my remaining 25% of my profit and turn bulls
The 1st inverted hammer has signaled that enough is enough from the bulls
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Related publications
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.