Stock is in trading range of 40 to 58 in weekly timeframe
Currently divergence in DMI+ vs. price, implies
Short at 52.20
Stop loss if daily candle closes above 54.20
Target: Exit when DMI+ hits 10
Currently divergence in DMI+ vs. price, implies
Short at 52.20
Stop loss if daily candle closes above 54.20
Target: Exit when DMI+ hits 10
Trade closed: target reached:
Exited at 51.55, close of sep 30 candle