indigo .. hard landing ahead??
Updated
INDIGO.. closed with a big red candle just below the 100 dma/ the 20 dma has crossed below the 100 dma already.
RSI showing big divergence. the sharp move from 1300s looks like more pullback.
any rebounds can be used t short he stock for bigger downside.. for target of 1400
RSI showing big divergence. the sharp move from 1300s looks like more pullback.
any rebounds can be used t short he stock for bigger downside.. for target of 1400
Trade closed manually
almost tested 1400 and rebounded
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.