Singkat
Wirecard short

Here is an easy ta for WDI short.
Well, dont try to pinn me down when Im wrong but from a technical position Wirecard needs to be shorted. I say this, cause the IV is near by 94 % and as it is this stock acts like a bitch.
I want to justify you, why I think WDI is in down-trend:
The most importants support around 80 was broken and market closed below this support, so now it changed into a resistance.
Take a look at candlestick signals. On March 23th you can see false shooting star followed by a breakout to 138 driven by generell up-trend. On May 14th same signal but this time market selled off.
200 weeks average was broken on April 27th.
All these signals suggest a down-trend with next support around 70 line support.
I will watch on monday how buyers and sellers (inclusive shortsellers) will act.
Any comments are welcome
Good luck for your trading :)
PS: Dont forget, IV high :)
Well, dont try to pinn me down when Im wrong but from a technical position Wirecard needs to be shorted. I say this, cause the IV is near by 94 % and as it is this stock acts like a bitch.
I want to justify you, why I think WDI is in down-trend:
The most importants support around 80 was broken and market closed below this support, so now it changed into a resistance.
Take a look at candlestick signals. On March 23th you can see false shooting star followed by a breakout to 138 driven by generell up-trend. On May 14th same signal but this time market selled off.
200 weeks average was broken on April 27th.
All these signals suggest a down-trend with next support around 70 line support.
I will watch on monday how buyers and sellers (inclusive shortsellers) will act.
Any comments are welcome
Good luck for your trading :)
PS: Dont forget, IV high :)
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.