Potential for futher dips
Hey guys! Anyone eyeing on $285 ByD Electronics
Prices are on bearish momentum and abiding by our descending trendline. We see the potential for further dips to get in a sell entry @ 19.88 in line with 23.6% Fibonacci retracement. Probably going to short to 13.86 in line with 61.8% Fibonacci extension. I'll have my stop loss potentially at 22.12 in line with 38.2% Fibonacci retracement. Prices are trading below the ichimoku clouds, further supporting our bearish bias.
Entry: 19.88
Take Profit: 13.86
Stop Loss: 22.12
What do yáll think?
$BYDElec 5xShortSG221013(DGXW.SI)
$BYDElec 5xLongSG221013(DDXW.SI)
Prices are on bearish momentum and abiding by our descending trendline. We see the potential for further dips to get in a sell entry @ 19.88 in line with 23.6% Fibonacci retracement. Probably going to short to 13.86 in line with 61.8% Fibonacci extension. I'll have my stop loss potentially at 22.12 in line with 38.2% Fibonacci retracement. Prices are trading below the ichimoku clouds, further supporting our bearish bias.
Entry: 19.88
Take Profit: 13.86
Stop Loss: 22.12
What do yáll think?
$BYDElec 5xShortSG221013(DGXW.SI)
$BYDElec 5xLongSG221013(DDXW.SI)
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