Analysis: Lower highs into support show signs of weakness here because it tells you sellers are willing to sell at lower prices despite the price being near support. We are also in existing downtrend and death cross on the 15min time frame. Looking to short with stop loss @ 120 with initial target price of $50.
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stoploss updated to $74
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Locking in more gains. Stoploss updated to $60
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Target of $50 hit in after market. Updating stoploss to $51 and allowing stop to close me out.
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Stopped out at $51. Target hit. 46% gain on short. Trade closed
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