StuartTabor
Short

TYHT: End of Week Winner (Loser)

NASDAQ:TYHT   SHINECO INC
TYHT Poised for an afternoon sell-off!

Here is my set up and thesis:
MACD stumbling around the average,
The price is bullied up 30% today, well above 100 and 200 day MA's.
RSI is showing overbought at value=70

Entry: 3.64 Add if goes to 3.7
SL 3.83

TP 1: 3.52 (40% position)
TP 2: 3.45 (50% posiotion)
TP 3: 3.23 (10% position)

Good luck, happy Friday!
Comment: TP 1 Reached
Comment: TP 2 Reached
Comment: Adding at 3.52

Comments

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