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Stocktrading4living
Mar 18, 2019 9:10 PM

Shorttrade in HBI after bearish engulfing Short

NYSE:HBI1W
Hanesbrands Inc.NYSE

Description

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HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.
Trend AnalysisBearish Engulfingdowntrendswingtradingtrendtradingshorttrade
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