KNX- short from 28 to 25
KNX falling down from its oscillating resistance, also looks like break of a small upward wedge. We can see divergence with money-flow, and money-flow going down sharply. We think it will decline from here.
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.
Break of 28 will be a good short entry & our first target is 25
You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
screencast.com/t/nyQuW2yEbJH
Time Span: 35"
Trade Status:
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.
Break of 28 will be a good short entry & our first target is 25
You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
screencast.com/t/nyQuW2yEbJH
Time Span: 35"
Trade Status:
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Check out some of our free video examples @ smartmoneytrading.com/insights/
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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