PDA

View Full Version : Short LB on a breakdown



Pascal
05-18-2015, 03:13 AM
LB has been rather strong in past Months/Years, except more recently.
We can see that it stands on a support level around $87.

The stats show that it is possible to short a breakdown on volume below a level of $87 to $87.5. It is not advised to short if the price gaps down below $86.63.

30222

30226

The Supply shows that we have a good number of shareholders who will be ready to sell if the price falls lower.

30225

30223

30224