CGC reached resistance, short entry 숏

설명

⋅ 2020년 7월 28일 오후 6시 43분

CGC had quite a good day today.

It touched the red trendline and I believe it pulls back to the support @18.25.

On May 22nd it closed at the same point as todays resistance. Then it gapped up and fell back hard.

So I believe there are many sellers above the resistance who are happy to get out without a big loss.

What speaks against the trade is the high volume today (which already vanishes) so I just open a small short position.

거래청산: 타겟 닿음

⋅ 2020년 7월 30일 오후 2시 25분

Support and Resistance Trend Lines

코멘트

justinl619

⋅ 2020년 7월 29일 오전 12시 27분

I’m still waiting for $13

ape_mo

⋅ 2020년 7월 29일 오전 8시 40분

@justinl619, I do not think that will happen in the near future. Higher lows and higher heights recently. In my opinion it is in an upwards trend since the beginning of july

tuongvy0501

⋅ 2020년 7월 28일 오후 10시 6분

Extremely overbought today

ape_mo

⋅ 2020년 7월 28일 오후 6시 44분

I'm interested in anybodys opinion, remarks and critics.
Still learning TA so give me your input :-)