I just started shorting stocks again. The reasons are purely technical as one of my bread and butter patterns is a triangle followed by a short lived penetration of the previous highs followed by weakness. There is also a small 3 drives to a top pattern which I shorted on the break of the small channel. I am using very little leverage so far but will add if more supports get broken.
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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.