WAYPOINT REITShort
Bearish potential detected for WPR
Entry conditions:
(i) lower share price forWPR along with swing up of the DMI indicators and swing down of the RSI indicator, and
(ii) observation of market reaction at the support level at $2.34.
Stop loss for the trade would be:
(i) above the resistance level from the open of 12th December (i.e.: above $2.42), or
(ii) above the resistance level from the open of 27th December (i.e.: above $2.47), depending on risk tolerance.
(i) lower share price for
WPR along with swing up of the DMI indicators and swing down of the RSI indicator, and(ii) observation of market reaction at the support level at $2.34.
Stop loss for the trade would be:
(i) above the resistance level from the open of 12th December (i.e.: above $2.42), or
(ii) above the resistance level from the open of 27th December (i.e.: above $2.47), depending on risk tolerance.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
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youtube.com/channel/UCiJZV2iT6PJx1ydVaS0JzTw (scan results timestamped in comments)
t.me/ASXTradersUnited
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