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Five Below, Inc.
Short
Updated

Pullback Imminent: Opportunity to Short

54
MACD, Stochastic and RSI all reversing and bouncing off the top of the bollinger band. Opportunity to short on the pullback. Price expected to drop to $132 where the 50day average is and if it breaks that support, possible drop to $120-122 region on the trendline support.
Trade closed: target reached
closed on 7th June at 122.5
sinkswimortrade
FIVEshortingshort-termSupport and ResistanceTrend AnalysisTrend Lines

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.
FIVEshortingshort-termSupport and ResistanceTrend AnalysisTrend Lines
sinkswimortrade

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.