head and shoulder top reversal on SMCI

perfect techincal figure, with high volume on SX and lower on head , drastic low volume on right shoulder, a solid neckline, Open interest shows that the funds are shorting SMCI, perfect timing to join the train a price target of 500$ is nice.

Bình luận:

100% success from the operation, the actually gain is 22% but my take profit is in 530 area, good volume, with a gap on the neckline, i think it wont be a return on the neckline so the short is a success!

Giao dịch đang hoạt động:

proceed to backtest.

Giao dịch đang hoạt động:

i think that now we can short harder!