Short Scalp (200MA Resistance)
$WB.US$
My first trade in MOOMOO was a short scalp on weibo. Nasty 200MA resistance rejection which caused a bearish double top on the weekly. Going along with the news that weibo came out to deny the bullish go private rumours. I see this as a perfect opportunity to short. I will look to cut at 20MA or 55MA support. Lets see how it goes. Be patient my young jedi. NFA.
My first trade in MOOMOO was a short scalp on weibo. Nasty 200MA resistance rejection which caused a bearish double top on the weekly. Going along with the news that weibo came out to deny the bullish go private rumours. I see this as a perfect opportunity to short. I will look to cut at 20MA or 55MA support. Lets see how it goes. Be patient my young jedi. NFA.
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102415025 : Something is brewing?
Kaisaurus OP 102415025 : Sometimes we just get Rekt without knowing why. That’s the market for you. Hence we have to adapt accordingly. Looking to cut my position if it closes above 62.76.
102415025 : Could be short squeeze lol
Kaisaurus OP 102415025 : Yeah but then again it’s ath was 143. Shorting at the current price is pretty risky in terms of roi. Gotta admit. This was a pretty bad and risky move.
102415025 : Yes agree
Coming back up again
Kaisaurus OP 102415025 : Bro my chart is weekly timeframe HAHAHHA.