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.
No worries.
Small loss.
