Chart pattern : double top testing the neckline at $~49.5
Enter Put when it rejects the neck line at $48
Stoploss at ~$50.2
PT1 :~$42.85
PT2: ~$38.25
PT3: ~33.11 - possible PT because it might finish at PT2. considering taking profit at PT2.
Period to reach PT is 1-2 weeks.
Enter Put when it rejects the neck line at $48
Stoploss at ~$50.2
PT1 :~$42.85
PT2: ~$38.25
PT3: ~33.11 - possible PT because it might finish at PT2. considering taking profit at PT2.
Period to reach PT is 1-2 weeks.
Trade closed: stop reached
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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.