As the square root of 1.786 point at a short term top for VPKA it could be possible to short this stock for a few days.
Stop at the top (point C)
And based on price action taking profit at 44,44euro
However profit target2 is more deeper around 43 euro
Based on risk management I will trade this setup on scalp only basis, since up power in crude oil is in favor of this Dutch oil stock.
Shorting with some leverage via this structured product would be effective for some profits: www.bnpparibasmarket...r-Short/NL0012026082
Best to your trading!
Stop at the top (point C)
And based on price action taking profit at 44,44euro
However profit target2 is more deeper around 43 euro
Based on risk management I will trade this setup on scalp only basis, since up power in crude oil is in favor of this Dutch oil stock.
Shorting with some leverage via this structured product would be effective for some profits: www.bnpparibasmarket...r-Short/NL0012026082
Best to your trading!