Negative Divergence - My Favourite trading strategy

17 thg 4, 2020

Stock is having a negative divergence - short below the green trend line for target of 1% return for couple of days and upto 3% for the week

17 thg 4, 2020

Ghi chú

The red trend line indicates the divergence. The green trend line indicates the entry point. Remember you can sell futures or sell options - Do not go for option buying due to premium decay

17 thg 4, 2020

Ghi chú

The stock has also got a hanging man pattern on the daily time frame - this is just for an update which indicates that the bears may step in