TREX Short position
TREX Short position
Markets are starting going a litle Bear market
TREX making a descending channel
The company had great QEarnings, yet most customers pay with bank loans the products
With unemployment rising, not good signs for some stocks
SL . 114.20
TP1 . 107.20
TP2 . 99.00
TP3 . 90.50
Markets are starting going a litle Bear market
TREX making a descending channel
The company had great QEarnings, yet most customers pay with bank loans the products
With unemployment rising, not good signs for some stocks
SL . 114.20
TP1 . 107.20
TP2 . 99.00
TP3 . 90.50
Trade closed: stop reached
Pratically a break even.This trade was not in the rigth moment, let's wait until Q2 earnings (and see results) or a reversal in the trend of the market.
Marked as a company that will struggle with unemployment rise.
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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.