I'm watching $GEVB carefully after its -7.11% decline. Sellers currently have the momentum in this snapshot.
ENTRY: 804.19 (bearish confirmation required)
TARGET 1: 788.11
TARGET 2: 772.02
STOP LOSS: 816.25
WHY THIS SETUP WORKS:
Continued selling pressure could push price toward lower levels. I'm looking for a failed recovery and renewed selling before considering an entry.
TRADE MANAGEMENT:
I'll avoid entering if buyers reclaim the entry level. Short positions only where supported.
ENTRY: 804.19 (bearish confirmation required)
TARGET 1: 788.11
TARGET 2: 772.02
STOP LOSS: 816.25
WHY THIS SETUP WORKS:
Continued selling pressure could push price toward lower levels. I'm looking for a failed recovery and renewed selling before considering an entry.
TRADE MANAGEMENT:
I'll avoid entering if buyers reclaim the entry level. Short positions only where supported.