We are entering a short position in Praxair Inc. (PX) for our Model Stock Portfolio at the market.

Praxair has shown considerable relative weakness on a short and intermediate term basis.  On the following one year chart at point 1, we experience a Buying Climax.  You can see the increase in volume stopped the advance.   Then we had weeks of sideways movement moving in a narrow formation.  Then on the move to…
To access this post, you must purchase ProTraders Membership or Pro Traders Membership (Crypto Discord Members).

Related Articles