Where to Short #Clorox? Specific Levels to Watch for $CLX
Bearish Break for Clorox occurred in early February 2018. On the chart you can see 4 horizontal lines. Notice that the Yellow and the Red Lines can be used as a good place to short, since Clorox is in a bear market currently.
These custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).
Find out more. Send Private Mail (PM) to mastercharts
These custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).
Find out more. Send Private Mail (PM) to mastercharts
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@mastercharts
Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
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