If more bad news come out of the trade wars news front and this wafer producer could see a nice pull back to a key support area. Could provide a nice short term short trade if earnings come out negative.
Trade closed: target reached
a 6% move in one day is good enough for me always good to take quick profits on short trades since you facing unlimited risk to the upside.
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.