"Big Yellow ~ Short Swing Trade" by trader HamzahPatel — published 2017-11-23

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BIG YELLOW GROUP PLC ORD 10P (LSE:BYG)

LSE:BYG BIG YELLOW GROUP PLC ORD 10P

Trend Analysis Chart Patterns Indicators and Overlays

trendanalysis chartpattern indicator

Capture gains from the imminent bearish swing. The overbought RSI and shooting-star candle indicates that the resistance breakout is most likely short-lived. Hold until it reaches the support/ RSI indicates overselling.
Place stop loss at: 837
Risk/Reward ratio: 5

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