Trying an small swing trade down.
Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term.
They still have the sue against them and i think it was around 340 mil they wanted ( give or take )
Corona virus is still in play - i dont think its over yet
The strong support at 10,40 Ish broke and it´s still under after 2 days under pressure.
The RSI is very much negative and maybe alittel oversold
The MACD is bearish
So i see it go even futher down, that`s why am gonna make this trade:
Open Trade : 9,145
Set TP : 7,800
Set SL : 9,585
Risk/Reward Ratio : 3,07 %
THIS IS NOT AN INVESTMENT ADVICE.
Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term.
They still have the sue against them and i think it was around 340 mil they wanted ( give or take )
Corona virus is still in play - i dont think its over yet
The strong support at 10,40 Ish broke and it´s still under after 2 days under pressure.
The RSI is very much negative and maybe alittel oversold
The MACD is bearish
So i see it go even futher down, that`s why am gonna make this trade:
Open Trade : 9,145
Set TP : 7,800
Set SL : 9,585
Risk/Reward Ratio : 3,07 %
THIS IS NOT AN INVESTMENT ADVICE.
Trade closed: target reached:
Closed on +14 % yesterday