Small scalpshort here. HVN is posing as resistance. If we break through Stoploss is very tight and ensures minimal loss but upside wis great with 2 set targets that cover 25% of position each and then the other 50% is open as the first two targets cover stop loss loss.
We are also at the apex of a pennant (bearish) so expecting continuation of trend to resume. That is why 50% is left open
We are also at the apex of a pennant (bearish) so expecting continuation of trend to resume. That is why 50% is left open