AdamHong

Has the WB Reached the Top?

Kort
AdamHong Uppdaterad   
NASDAQ:WB   Weibo Corporation
The price of WB has soared from 12 to 56 in eight months of 2016.Has it gotten to the top?
Yes,maybe it has in short term and reasons are as follows:
1.The price hit the inverse 2.618EXT;
2.The Cross Star of the week candle appeared at a high level;
3.The RSI has been divergent already and it is in the overbought zone.
So it is a good chance for opening short positions at 54 levels.
SL:above 56
TP1:38
TP2:27 and even more
Handel aktiv:
The market moves as expected.
Kommentera:
The market is pulling back the 0.618RET,and it is another opportunity to sell again.
Trade stängt: Stopp nått

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.