Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
|
| 37.00 |
| 36.00 |
|
|
Reason for Buy / Sell / Short / Cover:
- Saw a gapped down on AVGO when market opened.
- Daily chart has shown price go down from 20MA line already and 20MA line has started to curved downward.
- Now when market opened, price punched through the 50MA line downward confirming the downtrend.
- We have a very attractive and safe entry for a short.
Lesson Learnt:
- All secondary indicators are moving south.
- Monthly chart show a very obvious double top formation.
- All indexes are also getting weaker. AAPL stock was hit too.
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