Even though I'm quite bullish on the overall market, I decided to short Rogers.
1. Clearly overbought and out of steam
2. Telecomm index was also quite overbought (probably due to Rogers)
3. Wasn't quite bullish on the overall Canadian market, without American support
Red - stop
Green - target
*I use a different platform for my analysis
1. Clearly overbought and out of steam
2. Telecomm index was also quite overbought (probably due to Rogers)
3. Wasn't quite bullish on the overall Canadian market, without American support
Red - stop
Green - target
*I use a different platform for my analysis