ALKS - INSIDERS SHORT sign + SPY WEAKNESS

23 เม.ย. 2020

Hi traders,

I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?

Because INSIDERS increase their SHORT positions - and that´s a SHORT sign! Trading with them is much easier than against them.

In the video, I focus on the volume profile too, and how to use SPY for the confirmation.

Trade parameters (ALKS):
Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79

Good trading!
Jakub
FINEIGHT