James_Winsoar

Pull back trade opportunity on Debenhams UK shares

Short
LSE:DEB   None
Debenhams will be going into overbought conditions soon and there will be the opportunity to trade the pullback. So look out for confirmation of the pullback beginning in the next few days and short this stock when the price starts to drop. It should not go higher than the 50 day moving average so I would suggest putting your volatility stop loss there. Good luck!

Let me know what you think in the comments. This is not financial advice just my own opinion.
Trade closed: target reached

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