The stock is in a uptrend so shorting this will be a high risk trade.
However, we see that in the last 5 days, the volume has been decreasing and the candles have been shrinking in size.
This is a possible hint that buy interest @ higher prices is weakening.
Also note that today we have a nice bearish engulfed pattern. Any bulls that bought yesterday are now in pain. this could possibly help drive the price down.
Therefore, I am thinking this could be a possible intraday short tomorrow. Some good targets would be $70 and of course $68.
However, we see that in the last 5 days, the volume has been decreasing and the candles have been shrinking in size.
This is a possible hint that buy interest @ higher prices is weakening.
Also note that today we have a nice bearish engulfed pattern. Any bulls that bought yesterday are now in pain. this could possibly help drive the price down.
Therefore, I am thinking this could be a possible intraday short tomorrow. Some good targets would be $70 and of course $68.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.