12/24/24 - SNBR: new SELL signal chosen by a rules based, mechanical trading system.
SNBR - SELL SHORT
Stop Loss @ 20.41
Entry SELL SHORT @ 16.13
Target Profit @ 10.03
Analysis:
Higher timeframe: Prices have stayed below the upper channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3 SELL pattern...where the current highest top breakout price is less then the preceding top price.
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