A great SHORT of Ebay in a Bearish market
Classic (W) in downtrend & long term (M) in down trend.
waited for a Bounce (correction) up to the
last Lower High of the (W) took the SHRT at
60.10
My risk was right above the inverted hammer
& down she goes 7 weeks or seven red candles
sticks.
I closed my Short today, while price is coming into a strong DZ
from the monthly chart
I fought Greed to keep the SHRT open, & test the DZ strength
of buyers. But my Target objectives were met.
Am focusing on letting winners run.
waited for a Bounce (correction) up to the
last Lower High of the (W) took the SHRT at
60.10
My risk was right above the inverted hammer
& down she goes 7 weeks or seven red candles
sticks.
I closed my Short today, while price is coming into a strong DZ
from the monthly chart
I fought Greed to keep the SHRT open, & test the DZ strength
of buyers. But my Target objectives were met.
Am focusing on letting winners run.
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