M&M Short Idea

16 нояб. 2020 г.

IF M&M sustains below 630,
Potential short position via M&M 630 PE

Stop loss if 631+

ZDAY data:
Correlation: -0.78

Interpretation:
- Money is being pulled out
- Price has been moving up
- If Price falls, Correlation improves, giving a good shorting opportunity
Beware, correlation is not a random walk.

Max hold till 19th Nov


Will update here if short position is taken

17 нояб. 2020 г.

Заметка

entered at 639 via 640 pe

19 дек. 2020 г.

Заявка отменена