X Short
Sell Area - $21.50 - $22.30
Target Area - Around $19 (Near previous lows)
Stop Limit - $22.80
Reasons to sell:
- Massive trend line resistance from March has yet to break through
- Daily stochastics almost overbought
- General weakness in the steel sector compared to the overall market
- Reversal candle stick
TradeForPay.com
Target Area - Around $19 (Near previous lows)
Stop Limit - $22.80
Reasons to sell:
- Massive trend line resistance from March has yet to break through
- Daily stochastics almost overbought
- General weakness in the steel sector compared to the overall market
- Reversal candle stick
TradeForPay.com
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