For confirmation daily RSI needs to stay below 50.
ATR right now equates to about 3%. Stop is a little tight for that. Something to keep in mind and reflect on later.
Shorting one of the names that has held up well is probably not the best choice for capital allocation however.
Im sure some sort of cipher or bat pattern could better pick a target.
ATR right now equates to about 3%. Stop is a little tight for that. Something to keep in mind and reflect on later.
Shorting one of the names that has held up well is probably not the best choice for capital allocation however.
Im sure some sort of cipher or bat pattern could better pick a target.
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