$CAR Breaking Down?

٦ مايو ٢٠٢٢

CAR Looks like it has broken it’s up sloping trend line and so far, today wicked through what may be a support area. It is also below 8 and 20 EMA (blue) / SMA (black). The 50 day (red) is just below and is close to the lower possible area of support around the $238- $239 area. I’ll be looking to take this one short next week if it continues to weaken. TBD. Ideas, not investing / trading advice.

٦ مايو ٢٠٢٢

ملاحظة

The Red 50 is an EMA. It wicked thru the 50 SMA today...

٢٣ يونيو ٢٠٢٢

تم فتح الصفقة

I took this trade yesterday 6/22 when it broke below previous day low. In at $154.45 with my stop close by. Not giving much room for error.