LBTYK Short! W8 for a pullback on the SPY that brings profit
Hi traders,
another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders.
I am talking about LBTYK SHORT.
If you compare SPY and LBTYK charts, especially the last 2 months, you will realize, that they correlate a lot.
SPY is going higher and higher so some PULLBACK is about to come. And this pullback will turn our short in LBTYK into profits.
Good trading guys,
Jakub
FINEIGHT
another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders.
I am talking about LBTYK SHORT.
If you compare SPY and LBTYK charts, especially the last 2 months, you will realize, that they correlate a lot.
SPY is going higher and higher so some PULLBACK is about to come. And this pullback will turn our short in LBTYK into profits.
Good trading guys,
Jakub
FINEIGHT