UBL - Failed Attempt
The stock went above the trend line but failed to hold it completely by soon reversing the day's trend.
It has formed a shooting star pattern.
I'd short it with a few points above the trend line as SL.
It has formed a shooting star pattern.
I'd short it with a few points above the trend line as SL.
Trade closed: stop reached
SL hit. No worries.
Small loss.
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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.