Clear Opportunity to short an extremely overvalued Stock

25 июн. 2019 г.

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

25 июн. 2019 г.

Сделка активна

Initiated position yesterday at $242

26 июн. 2019 г.

Сделка активна

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

27 июн. 2019 г.

Сделка закрыта вручную

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

27 июн. 2019 г.

Заметка

may switch to Buy call instead