Hess Corporation
Short
Updated

HES offers tight stoploss short

108
It's daring to short oil/engergy stocks lately, but here it comes an opportunity with low stoploss - HES.

Reason r=for short (05/21):
- Divergences RSI, MACD
- Double top inside resistance region
- End of 138.2% abc-like structure

SL placed right above the highlighted region. TP can be safely set at POC of 56.
Trade closed manually
Locked profit.

20180720, 65, PUT, Option, SMART, USD 2.89 closed at 6.25

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