trdollar

SOCL Social Media ETF Head and Shoulder Short

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BATS:SOCL   Global X Social Media ETF
0
SOCL has set up for a potential short from current 18.87 down toward 16.00. The top of the head is 21.15 and the shoulders are closer to 18.50.

The math: neckline - (head - neckline) = target price.
18.50 - (21.15 - 18.50) = 15.85

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