ANTO Short Idea
Updated
Typical head and shoulders pattern. Looking to sell once the neckline is broken and closed below. Confirmation on the following day when low of breakdown bar is broken. Profit 1 10.35 and move stop loss to break even. Profit 2 8.75.
If overall market continues to fall it may be worth holding a small position to see if profit target 3 can be hit.
If overall market continues to fall it may be worth holding a small position to see if profit target 3 can be hit.
Note
Playing out nicely so far.
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