Radware Ltd (RDWR) : Support holding

I have shorted RDWR since I first highlighted it.

Have now closed the short position as RDWR movement has been pretty limited and tight.

This might suggest that it may not want to go down further and on the Ichimoku chart, it also did not go below the Tenkan sen and is still above the Kijun sen (which is the trend line).

Overall, the bearish swing trade is profitable; but not as much as I want it to be.

With the leading kumo so thick, it is best for me not to go against all 3 indicators (support by Tenkan sen, kijun sen and thick kumo support)

By iam802

Trend trading with Ichimoku