Endeavour EXK Macro Short idea

Quite the long-shot macro idea here.

Looks like a H&S is forming - if so, short from the right shoulder, DCA'ing into the position.

Exit near the bottom of the triangle.

After the price breaks out from the triangle, there could be fireworks to the upside, <likely> after a test and retrace.

This is entertainment for me, this is not a serious post. DYOR.

Trade chiuso: obiettivo raggiunto:

Target reached (or very close to it).

Commento:

This is NOT a call to long, but I can't help but notice resistance at these levels for the lifetime of this stock.