I think we are not out of the woods yet. We might see a relief rally to $60-62 then will resume the way down. next target could be around $48.
Please note:
- short selling is super risky. ( unlimited loss ), I prefer to buy put options.
- I'm just sharing my view. its not a recommendation for buying or selling.
Please note:
- short selling is super risky. ( unlimited loss ), I prefer to buy put options.
- I'm just sharing my view. its not a recommendation for buying or selling.
Note
weekly chart.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
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.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
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.