Nordstrom, Inc.
Short
Updated

JWN Short

91
Downtrend Channel touch,
Bounce back to supply Zone,
1st Trendline break+ retest,
2nd Trendline break, GAP down and run,

Earning: 8/22/2022 Est. 0.82

Short 24.5
Stop 28
Target 20, 12

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy Put Ratio Spread 2023 Jan P12.5(-2)/22.5
Limit 2.17

no Stop in this option

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