From the Monthly chart we see a downward trend pattern continuation, more of an AB=CD type of pattern. VSTO also reported earnings today. I entered a short trade yesterday @ the 1H chart when I realized it.
Trade attivo:
Took 75% out @ price 7.86 which it was way further than my 1:3 ratio goal; of course I had previously moved my TP further down since I saw how much it had gone down pre-market.... Then, moved my SL to around 9.03
Letting ride now....
Letting ride now....
Trade chiuso: obiettivo raggiunto:
Went further down to my TP @ 7.36...