Short it
It feels this rally( short squeeze ) is getting exhausted. Bearish divergence of 4H Rsi as well.
Would start a small short and add more if it goes at 2900.
Optimistic PE @ 20 with 100 Earning puts this at 2000. It might be a good value to buy at those levels.
Would start a small short and add more if it goes at 2900.
Optimistic PE @ 20 with 100 Earning puts this at 2000. It might be a good value to buy at those levels.
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.