BTI was unable to close above the DMA 50 in the last 11 trading sessions. Now approaching the DMA 50 at 560.
This is a very high risk trade. My stop will be a daily close above 563. Looking for a quick move down to 540. If 540 can be broken then my downside targets will be 520 and 500.
This is a very high risk trade. My stop will be a daily close above 563. Looking for a quick move down to 540. If 540 can be broken then my downside targets will be 520 and 500.
