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Thread: Short LB on a breakdown

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    Short LB on a breakdown

    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.

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

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    Last edited by Pascal; 05-18-2015 at 04:24 AM.

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