DHFL - Middle of the Channel

Apr 2, 2017

RSI - Overbought, Strong Shooting star on daily. Break from the horizontal channel ought to give confirmation.

Apr 3, 2017

Note

No impact of the shooting star. Can go long but the R/R is not favorable at the moment.

Apr 7, 2017

Trade active

Shorted at 285. Target is channel support
Stop loss is 391

Apr 18, 2017

Trade closed: stop reached