Sleep Number Corporation
Short
Updated

12/24/24 - SNBR: new SELL mechanical trading signal

82
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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