X has been getting crushed recently and has 1) broke through the EMA50 on a bearish plummet and 2) Traded down to a support. I will set my entry below the support with a target of around 17.94.
This analysis and idea is part of a trading challenge where I only indicate trades with the EMA50. I am doing paper trades and will not actually be entering with my own account.
This analysis and idea is part of a trading challenge where I only indicate trades with the EMA50. I am doing paper trades and will not actually be entering with my own account.
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X Bearish Gap
brianmontgomery
about X