A short on Lend Lease prior to earnings. RSI approaching overbought and price towards top of channel resistance. Look for a volume drop off or a bearish candle 19Jul to confirm the reversal. 5:1 risk:reward as shown but can adjust entry price down to be more confident in a fill.
Kommentera:
Note:The large project announcement with Google may push this through the resistance line, tomorrow will be important.