FIRSTRAND LTDShort
Bearish Triangle
A bearish triangle on FSR
Financial stocks are under pressure.
The 50 day EMA seems to hold on the 4th wave. If the price breaks a and closes below the support of the symmetrical triangle I'm looking to short the stock.
The risk reward is favorable
FSRFinancial stocks are under pressure.
The 50 day EMA seems to hold on the 4th wave. If the price breaks a and closes below the support of the symmetrical triangle I'm looking to short the stock.
The risk reward is favorable
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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.