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Short Kumba

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Not applicable
Technical Analysis Trade Alert: Kumba Iron Ore - Losing upward momentum - Caution
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7 REPLIES 7
GarethJ
Regular Contributor
Went short a few days ago based on Momentum signals, but it's turning to bite my ass and about to hit Stop. Low volume causing trouble here?
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Not applicable
Read somewhere that Momentum is more accurate/effective as a bullish indicator than a bearish indicator.
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Rams
Super Contributor
Stochastics in choppy or flat markets and RSI in trending markets
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Not applicable
good luck shorting anything in this bull run.
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Quakedog
Super Contributor
You cant short this, it has already built a strong base around these levels, its only going up!!
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WR
Regular Contributor
in a rising market - shorts are tricky. Safer bet would be to wait for a pull back and buy in
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Shado
Contributor
D.R. how much of a pull back? buy in at 300?
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