3i Group (III)

Welcome Morris.

I think that you may well be correct on this. It looks overbought on several counts and there was heavy volume at the peak and the market is due for a rest (at least) after its recent exertions.
Too soon

Looks like I closed too soon yesterday, it's now near £12 level. May wait for any bounce & short again, maybe more to go on this one.

Is that the recent resistance you're looking at (1st week in April) or older data ?

Thanks in advance.