Paul J Singh

, ,

Another Stock Showing Strong Distribution: WYNN

Published by

Paul J Singh

on

WYNN was on the long list for quite some time, but has now reversed and is the perfect short setup. A bear flag has formed, with volume that’s showing distribution. Many like to wait for price to breakdown out of the flag pattern. I prefer to enter early, when price is at the to of the range.

2 responses to “Another Stock Showing Strong Distribution: WYNN”

  1. Tushar Avatar
    Tushar

    There was a nice pop (or not so nice)in BKE today. What is your strategy moving forward on your short position?

    Like

    Reply
  2. JD Avatar
    JD

    I agree! Been watching this stock for quite a while. You maybe right to short it. Thanks a lot for all your ideas, been learning from you…

    Like

    Reply

Leave a reply to JD Cancel reply

Previous Post
Next Post