GS for Short (momentum weakening)
My quant model predicts
Profitability: it has a high probability(62%) to rebound at this level.
Entry Level: 163.03
Worst Case Level: $183.5
Money Management: Bet no more than 15% of capital
Suggested Strategy: Short stock for 5 Days
Profitability: it has a high probability(62%) to rebound at this level.
Entry Level: 163.03
Worst Case Level: $183.5
Money Management: Bet no more than 15% of capital
Suggested Strategy: Short stock for 5 Days
Note
This Short position is losing right now.However, it still has a higher probability drop from current level.
We keep it for another 5 days.
Note
a Stop loss may trigger at this pointhowever, my position is small.
and my model still predicts a downtrend at this level.
we will keep this trade on until trend is confirmed to be reverted.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.