Fineight

Finally SHORT trade in AYI & Favourite LONG in VIRT :)

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hello everybody,

As I promised yesterday, I would like to share the SHORT trade in the AYI market. This trade has a very good fundamental background (INSIDERS increases SHORT positions). It´s a little bit risky trade because of the weekly trend-line, for which we cannot say whether it is rejected or respected...

And since I prefer LONG trades, I also share the VIRT market, where is a significant strength compared to the SPY market :)

Parameters of trades:
1) AYI (SHORT)
Entry: 82.07
SL: 93.00
PT: 60.21

2) VIRT (LONG)
Entry: 24.43
SL: 21.48
PT: 30.33

Good trading!
Jakub
FINEIGHT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.