KNX- short from 28 to 25
KNX falling down from its oscillating resistance, also looks like break of a small upward wedge. We can see divergence with money-flow, and money-flow going down sharply. We think it will decline from here.
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.
Break of 28 will be a good short entry & our first target is 25
You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
screencast.com/t/nyQuW2yEbJH
Time Span: 35"
Trade Status:
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.
Break of 28 will be a good short entry & our first target is 25
You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
screencast.com/t/nyQuW2yEbJH
Time Span: 35"
Trade Status:
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.