Be mindful. Hive likes to play alot of tricks. I see a H&S patter there that bears more weight than the triangle. Needs to reject the shoulder line for the next leg. Good luck!
@ScotianBot, Yup. I trade breakouts in either direction so i just watch for a confrimed break and make entry! Can short Hive with my platfrom so its break to the up or nothing!
ScotianBot
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@dafster17, Do you mean you can't short hive on your platform?
dafster17
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@ScotianBot, Exactly. I am with TD in Canada. I cant short anything under the value of $1.
Well, the last thing we need is TD allowing customers to short penny stocks in "speculative" emerging industries. LOL.
They can just short the underlying asset if they want, makes more sense for them probably.
Good luck.
dafster17
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@ScotianBot, I agree. Im not much of a shorter. However there are particular moves that go into motion where the short is the right play to make the gain. For me, this about gain %'s on the trend and move in question and only that.