Price action in Prosus shows it in intermediate phase of decline with a low targeting late November to mid-December. It presents an attractive short with price set to go below the pink inclining trendline. When price makes a swing low after hitting the trendline would be time to close shorts and go long.
Risk: Price closing above the green trendline on a weekly basis would be the stop-loss. So it would make sense to add shorts if price is rejected at that point.
Risk: Price closing above the green trendline on a weekly basis would be the stop-loss. So it would make sense to add shorts if price is rejected at that point.
Trade stängt: målet nått:
PRX short closed on price going below the trendline.