Short
SAS broke strong support
Trying an small swing trade down.
Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term.
They still have the sue against them and i think it was around 340 mil they wanted ( give or take )
Corona virus is still in play - i dont think its over yet
The strong support at 10,40 Ish broke and it´s still under after 2 days under pressure.
The RSI is very much negative and maybe alittel oversold
The MACD is bearish
So i see it go even futher down, that`s why am gonna make this trade:
Open Trade : 9,145
Set TP : 7,800
Set SL : 9,585
Risk/Reward Ratio : 3,07 %
THIS IS NOT AN INVESTMENT ADVICE.
Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term.
They still have the sue against them and i think it was around 340 mil they wanted ( give or take )
Corona virus is still in play - i dont think its over yet
The strong support at 10,40 Ish broke and it´s still under after 2 days under pressure.
The RSI is very much negative and maybe alittel oversold
The MACD is bearish
So i see it go even futher down, that`s why am gonna make this trade:
Open Trade : 9,145
Set TP : 7,800
Set SL : 9,585
Risk/Reward Ratio : 3,07 %
THIS IS NOT AN INVESTMENT ADVICE.
Trade closed: target reached
Closed on +14 % yesterday
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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.