Short VNCE

VNCE is a broken stock that is bouncing back to resistance.
It is short term Overbought now and above its envelope.
The sensitivity analysis tells that it is OK to short above 25.22, but the best R/R are around 25.7, which is closer to resistance. This is where I would short it.

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VNCE bounced to the entry price and the stock reversed down later.
This was a good trade.


Pascal

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