TORNTPHARM Short
Exhaustion of up move evident in monthly chart as shown below:
Resistance recently at 2415 in Day TF,
Shooting Star on Friday with high near to 20 day mean,
Enter short on PDL break,
If EOD close is below 2337, possible targets are as follows:
T1:2262
T2:2166
SL: Close above 2439 (CBSL)
Resistance recently at 2415 in Day TF,
Shooting Star on Friday with high near to 20 day mean,
Enter short on PDL break,
If EOD close is below 2337, possible targets are as follows:
T1:2262
T2:2166
SL: Close above 2439 (CBSL)
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.