RE: UK Stocks - Watchlist and Discussion
Hi Isatrader
I am looking to take my first SW trade.
At what part of a stage is it "too late" to take an entry position?
For example in the case of Sports Direct:
I believe the shares would be classed as Stage 4a ?
The Relative Strength is decreasing and below the 52 week average
It is from a sector which appears to be in Stage 4a
So all appears good for a short
I don't think there is any close resistance
BUT have I missed the ideal entry?