Wednesday 29 May 2019

WWE - Down Trending




Shorted the WWE because the stock reach a supply zone with a Chp 4. From there on, there was weak buying and the buyers weren't willing to take higher prices anymore and the stock left tumbling down. Combined with the recent bad market conditions, I can only say that it helped further moved the stock lower. With 100 shares, it's currently $870 USD which is not bad for a swing trade. I think it might reach a temporary demand area soon and it might be time to look for short term profits by covering shorts.

Ronald K - A Game Changer