I'm watching $VSTB after its -7.59% decline. I'm looking for further downside confirmation.
ENTRY: 117.58 (after bearish confirmation)
TARGET 1: 115.23
TARGET 2: 112.88
STOP LOSS: 119.34
WHY THIS SETUP WORKS:
A continued breakdown could attract additional sellers. I'm watching for weak recovery attempts and lower price highs before considering a bearish position.
TRADE MANAGEMENT:
I'll avoid chasing the decline and wait for a suitable entry. Short positions only where supported.
ENTRY: 117.58 (after bearish confirmation)
TARGET 1: 115.23
TARGET 2: 112.88
STOP LOSS: 119.34
WHY THIS SETUP WORKS:
A continued breakdown could attract additional sellers. I'm watching for weak recovery attempts and lower price highs before considering a bearish position.
TRADE MANAGEMENT:
I'll avoid chasing the decline and wait for a suitable entry. Short positions only where supported.