TREX Short position Markets are starting going a litle Bear market TREX making a descending channel The company had great QEarnings, yet most customers pay with bank loans the products With unemployment rising, not good signs for some stocks SL . 114.20 TP1 . 107.20 TP2 . 99.00 TP3 . 90.50
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Pratically a break even. This trade was not in the rigth moment, let's wait until Q2 earnings (and see results) or a reversal in the trend of the market. Marked as a company that will struggle with unemployment rise.