ClaudioVelez

TREX Short position

Penjualan
ClaudioVelez Diupdate   
NYSE:TREX   Trex Company, Inc.
TREX Short position
Markets are starting going a litle Bear market
TREX making a descending channel
The company had great QEarnings, yet most customers pay with bank loans the products
With unemployment rising, not good signs for some stocks
SL . 114.20
TP1 . 107.20
TP2 . 99.00
TP3 . 90.50
Trading ditutup: stop tercapai:
Pratically a break even.
This trade was not in the rigth moment, let's wait until Q2 earnings (and see results) or a reversal in the trend of the market.
Marked as a company that will struggle with unemployment rise.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.