12/24/24 - SNBR: new SELL mechanical trading signal
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12/24/24 - SNBR: new SELL signal chosen by a rules based, mechanical trading system.
SNBR - SELL SHORT Stop Loss @ 20.41 Entry SELL SHORT @ 16.13 Target Profit @ 10.03
Analysis:
Higher timeframe: Prices have stayed below the upper channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3 SELL pattern...where the current highest top breakout price is less then the preceding top price.
Trade closed: target reached
sell half the position and move the stop to breakeven for the remainder of the trade
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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.