Although our short position on
SHP
had a rocky start, with it retracing and going upward for a few days, I think with today's downward move so far, it is definitely still looking like it could become a profitable trade. If it breaks the lows/support level of 17 Jan and creates lower lows, we have a good chance of continuation to the downside.
SHP
had a rocky start, with it retracing and going upward for a few days, I think with today's downward move so far, it is definitely still looking like it could become a profitable trade. If it breaks the lows/support level of 17 Jan and creates lower lows, we have a good chance of continuation to the downside.