Shorting Sunny Anyone?
Hi everyone! Anyone else looking at $SUNNY OPTICAL(02382.HK$ as well??
What do you guys bout that ascending trendline break? legit? If price retraces back to that last swing high where my entry is, I'll probably consider shorting from 225.2 to 200.87 where the next swing low aligns with the 100% Fibonacci projection and 78.6% Fibonacci retracement. In case I'm wrong, my stop loss would be at the next swing high at 233.8.
Entry:225.2
Take Profit: 200.87
Stop Loss:233.8
$Sunny 5xShortSG230825(DFSW.SG$
$Sunny 5xLongSG230920(DSDW.SG$
What do you guys bout that ascending trendline break? legit? If price retraces back to that last swing high where my entry is, I'll probably consider shorting from 225.2 to 200.87 where the next swing low aligns with the 100% Fibonacci projection and 78.6% Fibonacci retracement. In case I'm wrong, my stop loss would be at the next swing high at 233.8.
Entry:225.2
Take Profit: 200.87
Stop Loss:233.8
$Sunny 5xShortSG230825(DFSW.SG$
$Sunny 5xLongSG230920(DSDW.SG$
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