Short H&M on retail clothing looking bearish

We are bearish on retail apparel companies for the most part given the current macroeconomic environment which has a decent probability to continue well into 2023. R = 2.13 on this trade which makes it a go for us.

Yorum:

If you are still in this trade this is a good time and place to add to your short. also move the SL to a better position now that there is room.