Short

AVID TECHNOLOGY INC

By AMSK_Capital
Updated
NASDAQ:AVID
Hi traders!

Today, in addition to the ESTE paper we talked about yesterday, there is another stock that should do well today.
AVID: AVID TECHNOLOGY INC.

What's on the chart:
1. level formed by a rollback in a downtrend
2. Far retest
3. Strong rebound movement on higher timeframes.

Strategy:
Going short on a breakdown of the 29.91 level
Important: Your entry point, risk level, stop order and TP order should be set according to your risk and money management.

Order cancelled
This paper can no longer be traded today. It opened below the level. But note, the direction of movement is correct - and this is the main thing
Trend AnalysisTrend Lines

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