In our SMBU Daily Video, we continue the discussion on Fitbit.
In this video from Mike Bellafiore, he discusses:
- Why he closed out his short in Fitbit
- Where Fitbit could trade from here
- The relative strength FIT was showing on Monday’s market sell-off
- Events that reverse our trading positions
We hope this video helps you improve your trading skills.
– SMBU Team
*no relevant positions