Bearish Divergence and Shooting Star

Yesterday Autostore was up 120% in 26 trading days. Q3 report on 10.th of November. I do not expect a very good report and price might dump to approx nkr 15.

Stock is now very overbought with bearish divergence and shooting star pattern.

Trade attivo:

1.st target reached - nkr 20

Commento:

Price has recovered and is atm at kr 22,26. Unless it takes out former high of 23,13 it's in the making of a H&S pattern on 4h/2h chart with potential target approx kr 17,40

SL: 23,40

Trade chiuso: stop raggiunto:

1/3 closed at target 1

SL triggered