In big downtrend, bounce back to resistance
3rd touch down trendline
Up trend line break
Earning 8/23/2022 Estimate -1.23
Short 79
Stop 92
Target 57, 38
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.