Stock is showing double top bearish pattern confluencing with bearish divergence on daily time frame.Also yesterdays bearish engulfing candle supports bearish bias.
Could be a very good short entry with stoploss above recent high and targets should be the last HL.
Could be a very good short entry with stoploss above recent high and targets should be the last HL.
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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.