KNX- short from 28 to 25

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KNX falling down from its oscillating resistance, also looks like break of a small upward wedge. We can see divergence with money-flow, and money-flow going down sharply. We think it will decline from here.
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.

Break of 28 will be a good short entry & our first target is 25

You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
screencast.com/t/nyQuW2yEbJH
Time Span: 35"
Trade Status:

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