Samsung ST SHORT to ~47400Potential short IF Samsung breaks out of the current channel its in.
Entry ~55000
Exit - ~47400 - 48000
- exit triangulates with length of channel
- exit also happens to be support level from the 2019 ascending triangle
why we could be breaking downwards outside of the channel break
- SPX double top?
- fresh Huawei ban should cause some ST disruption for semi names
Hyundai: Retracement completed?The value of Hyundai stock has been on a strong upward trend since the positive outlook from management. Today, the value of the share seems to have completed a retracement into an area of value. The long outlook is also supported by the candlestick pattern and the adjacent upward trend line.