TREX Short position

2020年5月14日

TREX Short position
Markets are starting going a litle Bear market
TREX making a descending channel
The company had great QEarnings, yet most customers pay with bank loans the products
With unemployment rising, not good signs for some stocks
SL . 114.20
TP1 . 107.20
TP2 . 99.00
TP3 . 90.50

2020年5月20日

交易結束：達到停損點

Pratically a break even.
This trade was not in the rigth moment, let's wait until Q2 earnings (and see results) or a reversal in the trend of the market.
Marked as a company that will struggle with unemployment rise.