head and shoulder top reversal on SMCI

6 Nis

perfect techincal figure, with high volume on SX and lower on head , drastic low volume on right shoulder, a solid neckline, Open interest shows that the funds are shorting SMCI, perfect timing to join the train a price target of 500$ is nice.

21 Nis

Not

100% success from the operation, the actually gain is 22% but my take profit is in 530 area, good volume, with a gap on the neckline, i think it wont be a return on the neckline so the short is a success!

27 Nis

İşlem aktif

proceed to backtest.

30 Nis

İşlem aktif

i think that now we can short harder!

27 Haz

İşlem kapandı: hedefe ulaştı

profit locked in 19 april with huge gain in short option 800%.