WHR start working, trade review
Whirpool hsowed relative weaknes and broke down consolidation support at $143. At the same time S&P put another high.
There were couple of entries. First one in the morning, momentum trade when it broke $143 support. Second opportunity was to short or add on pullback into 8/21 EMA zone. 8 EMA followed nicely and stock closed on dead low.
Check my thoughts on WHR in the link below
There were couple of entries. First one in the morning, momentum trade when it broke $143 support. Second opportunity was to short or add on pullback into 8/21 EMA zone. 8 EMA followed nicely and stock closed on dead low.
Check my thoughts on WHR in the link below
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