Clear Opportunity to short an extremely overvalued Stock

MACD has just crossed and reversed on the day chart. Stochastics also reveal in overbought conditions. Movement is to the downside now. Expect it to drop to around $180-$200 range near the 200 day moving average. Stock is extremely overpriced at more than 100x PE

İşlem aktif

Initiated position yesterday at $242

İşlem aktif

will be monitoring closely as it approaches the 50-day MA support

İşlem elle kapatılmış

Closed at $230 when it rebounded off the 50day EMA ($225)

Not

may switch to Buy call instead

sinkswimortrade

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

sinkswimortrade