Broken support in the 43.00 level, is a fact that now works like resistance
but now the bears are fighting with a major support around 34.00
the price is caught between a resistance in 43.00 and a support in 34.00
Wait for a support breakout because, below 34.00 there are a abyss
This idea is for a short seller, swing trader and can become in a position trade
the difference is the time that the trader hold the positions
The trader can use your own setup, system, risk profile, Indicators, etc...
position sizing and stop loss vary by trader and your capital
I only Pick Stocks but I do my best and spent a lot of time to find this patterns due that
I do not use a Stock Screener to find this idea
Remember what I say in my past posts, that I follow more than 1300 stocks and
I watch one by one manually
but now the bears are fighting with a major support around 34.00
the price is caught between a resistance in 43.00 and a support in 34.00
Wait for a support breakout because, below 34.00 there are a abyss
This idea is for a short seller, swing trader and can become in a position trade
the difference is the time that the trader hold the positions
The trader can use your own setup, system, risk profile, Indicators, etc...
position sizing and stop loss vary by trader and your capital
I only Pick Stocks but I do my best and spent a lot of time to find this patterns due that
I do not use a Stock Screener to find this idea
Remember what I say in my past posts, that I follow more than 1300 stocks and
I watch one by one manually