Short-Sale Set Up - Lumetum (LITE) Follow-Up - 5/25.21
|Published:||25 May 2021 09:37 ET|
Lumentum (LITE) was reported on yesterday as a stock to watch for a reversal back below the 20-dema, whereupon it would trigger a short entry using the 20-dema as a covering guide. One could also implement a covering guide that is 1-3% above the 20-dema, but I (Gil) prefer to keep it tight. LITE is now starting to breach the 20-dema this morning.
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