Mcdowell is looking to fill the gap as indicated on chart.
After Making a top on 2500, it retraced back sharply and moving around 38.2% Fib Level
One can go short in stock around 2275 With a Stop loss of latest swing high 2325
with a target of 2125
After Making a top on 2500, it retraced back sharply and moving around 38.2% Fib Level
One can go short in stock around 2275 With a Stop loss of latest swing high 2325
with a target of 2125
Comment:
Keep strict Stop loss of 2325 on closing base and hold
Comment:
Started to slide, Keep stop loss in force and hold
Trade closed: stop reached