Time to Accumalte
Updated
I shorted Estee Lauder and closed my short today at $73. We have just hit support at $65 at an important Monthly level of support.
Time for me to accumulate a long position with the proceeds of my short.
Not financial advice, do what's best for you. Refer to my previous trades on this stock to see why I think the final capitulation wave is in.
Time for me to accumulate a long position with the proceeds of my short.
Not financial advice, do what's best for you. Refer to my previous trades on this stock to see why I think the final capitulation wave is in.
Trade active
Entry sub $65, stop loss moved to $64. This is still an overvalued stock, i'm trying to catch a deadcat bounce with a tight stop loss.
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