Good Morning, i hope its a great morning for everybody, so for today there's a few names for a quick daytrade short position, as you can see on my chart my fav is
PVH
, its gapping down on earnings, according to my tech analysis its below all the MA's, its breaking an important trend line, it has some support at 86.50 and 84.50, but if we can break the 86's i will definitely take a short position with a first target of 2 points all the way down to 84.50, and if we break this level we will have a wonderful 3-4 points move,.
Remember this is for educational purposes only, do your own tech analysis before trading.
PVH
, its gapping down on earnings, according to my tech analysis its below all the MA's, its breaking an important trend line, it has some support at 86.50 and 84.50, but if we can break the 86's i will definitely take a short position with a first target of 2 points all the way down to 84.50, and if we break this level we will have a wonderful 3-4 points move,. Remember this is for educational purposes only, do your own tech analysis before trading.