Short Oppertunity Deer and CO (Short term)
Fundamentals
- Earnings decreased.
- Outlook is negative.
- 243 is based on earnings. Thats exactly (Book + Cash) / EPS = 10.
if you do the math the price would be 306 target when the next earnings outlook will be negative.
Technical/ entry strategy
- There is no real technical motive but. There is a 2 Y Low which has been tested.
Broke but rebounded.
I would wait for the entry of the position when
the 10 MA is met and bounced off and broke under the 340 levels.
- Earnings decreased.
- Outlook is negative.
- 243 is based on earnings. Thats exactly (Book + Cash) / EPS = 10.
if you do the math the price would be 306 target when the next earnings outlook will be negative.
Technical/ entry strategy
- There is no real technical motive but. There is a 2 Y Low which has been tested.
Broke but rebounded.
I would wait for the entry of the position when
the 10 MA is met and bounced off and broke under the 340 levels.
Trade closed manually
- Clossed after fed pivot. 
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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.
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.