$ATOM
Shorts are having a field day with ATOM, down 5.1% over 24h. Stop-loss sellers are lining up to exit. When the whole market is bearish, a reversal is often not far away. I opened a starter short around 1.82; 1.86 is my stop line, and 1.67 is the first target. Bounces are opportunities to short—don't get the timing backwards.
Shorts are having a field day with ATOM, down 5.1% over 24h. Stop-loss sellers are lining up to exit. When the whole market is bearish, a reversal is often not far away. I opened a starter short around 1.82; 1.86 is my stop line, and 1.67 is the first target. Bounces are opportunities to short—don't get the timing backwards.