A short position is better to open near the upper boundary of the bearish trend.
I think that will fall on the width of the broken trend.
WHR is up 150% in the last 18 months with minor volatility. goo.gl Just the way I like it for position trading! Sorry Bitcoin... Next time someone asks me what an uptrend looks like, I'll show them Whirlpool's stock chart!
Whirlpool likely heading lower, though I have had a difficult time with this stock. It's been extended for a long time, and I've underestimated dip buying support. Check notes on chart for details.
Nice uptrend , with recent bullish Flag Breakout. Stop Loss below $111